ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
CBC News – British Columbia – New mortgage rules take effect Federal mortgage rules implemented two months ago aimed at turning down the heat on Canada's red-hot real estate market took effect on Monday. (tags: Canada housing mortgage) Atlanta’s affordable housing ranking low – Atlanta Business Chronicle: The four most expensive major markets for housing … Read more
PBS Newshour aired a segment on Tuesday’s show called “Mortgage Defaults” as part of its “Making Sense” financial series (click here for video, segment aired 25:45 to 35:00). I highly recommend that anyone interested in real estate watch this segment. Newshour picked three example Floridians who are dealing with defaults on their mortgages: A restaurant … Read more
What Put Call Ratios Are Telling Us | Minyanville.com We could have a similar pause to what we saw when Greece broke in January. (tags: options technical_analysis trading_strategy) Volcano casts cloud over European economy – CNN.com "While safety remains a non-negotiable priority, it is not incompatible with our legitimate request to reconsider the present restrictions," … Read more
I have a lot of respect for fund manager Doug Kass. His latest piece, “The Ramifications of the Goldman Sachs Case,” contextualizes the current push for financial reform, and it provides a succinct indictment of the practices that helped ignite the recent financial panic. However, I disagree with Kass’s casual link between the SEC’s charges … Read more
China Steps up Fight Against Property Speculation – ABC News Apparently, China (unlike the U.S. and many other countries) has a working definition of a bubble and is trying to be proactive in preventing its real estate market from overheating (and imploding) [my editorial] (tags: China mortgage real_estate bubbles)