Tag Archives: Housing

They’re Back………………

Well, not really.  A good friend of the Global Macro Monitor sent this over yesterday, which reflects a modified version of the mortgages that drove the Housing ATM and economy before the bust.    You can now refinance your home up … Continue reading

Posted in Housing | Tagged , , | 2 Comments

U.S. Economy Stuck in a Dog House

We stumbled upon this interesting chart from the Financial Stability Oversight Council’s 2011 Annual report which shows the share of owner equity in household real estate.  It surprised us, not so much in that it is at record lows, but … Continue reading

Posted in Black Swan Watch, Demographics, Economics, Employment, Housing | Tagged , | Leave a comment

Dead Wood No Longer

Take a look at lumber prices.  In the days of traditional monetary policy in a normal economy,  the Fed would lower interest rates and the construction sector would lead the economy out of recession.   Lumber prices were  a leading indicator. … Continue reading

Posted in Commodities, Economics, Equities | Tagged , , | 1 Comment

Best Investment 2011: Default on Your Mortgage

It’s an absurd world.  We have incentivized people to stop paying their mortgage and stay in the house as long as possible before eviction.  The Wall Street Journal reports the average number of days since the average borrower in foreclosure … Continue reading

Posted in Black Swan Watch, Bonds | Tagged , | 4 Comments