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
Making the “Gravedancer” Proud
From the L.A. Times:When Sean O'Toole decided to make his fortune in foreclosures, he figured…
Jesse FelderJune 8, 2008
Newsweek: Inflection Point At Hand
With oil going limit up on Friday amid an epic blowoff and consumer sentiment hitting…
Jesse FelderJune 8, 2008
Can we finally put an end to the “it’s different here” mantra?
Now that the news outlets have covered the latest National City Housing Valuation Analysis, I…
Jesse FelderJune 6, 2008
New Reality Show: “Big Brother Celebrity Foreclosure”
Now that the rate of foreclosure has hit a national record it's no surprise we're…
Jesse FelderJune 5, 2008