Oregon’s Fifth-Largest Homebuilder Declares Bankruptcy
From the Oregonian:David Oringdulph built Legend Homes over four decades by building middle-class housing in…
Jesse FelderJune 11, 2008
Chart of the Day: Bear Market?
This long-term look at the S&P 500 is a chart I've posted before. It clearly…
Jesse FelderJune 11, 2008
“The Next Warren Buffett?”
If Eddie Lampert is "the next Warren Buffett" then Sears Holdings (Ticker: SHLD) is his…
Jesse FelderJune 10, 2008
Chart of the Day: Bank Stock Underperformance
Bank stock performance relative to the S&P 500 is now as bad as during the…
Jesse FelderJune 10, 2008
World’s Largest Oil Producer Calls “Bullshit”
"The increase in prices isn't justified in terms of market fundamentals." -Saudi Arabian Government (the…
Jesse FelderJune 10, 2008
Still Too Many Real Estate Speculators?
The New York Times reports:A few years ago, when the housing market was white-hot, companies…
Jesse FelderJune 10, 2008
Chart of the Day: Oil/Gold Ratio
Michael Santoli reports in Barron's over the weekend:Oil prices are at a historic high relative…
Jesse FelderJune 9, 2008