ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Housing Market Intro and Summary What happened in the housing market in January, 2025? The bear market that scarred the landscape for builders came to an end just ahead of an important December inflation report. Relief from that report combined with relief from a builder’s earnings report helped to seal the deal on the three … Read more
Housing Market Intro and Summary I asked in my last Housing Market Review whether the housing downturn could already be coming to a swift end. The stocks of home builders delivered that message and more and more earnings reports from home builders are apparently delivering messages of a sharp recovery. A widening divergence between existing … Read more
“We are a very young country. What we’ve accomplished is miraculous… We have made progress. And we are a better society… You would think that with the level of prosperity that we have, we would do better taking care of people…We’ve been going in the right direction in the country, but it’s been awfully slow.” … Read more
The last Housing Market Review covered data reported in August, 2017 for July, 2017. At the time, I described a change in tone that made me wary and even got me anticipating a larger pullback. The iShares U.S. Home Construction ETF (ITB) was struggling below its 50-day moving average (DMA) since a 2-month period starting … Read more
A month ago, Trulia published an article on the potential for renting out the spare rooms of Baby Boomers to millennials called “Boom-mates: How Empty Nesters Could Help Ease a Housing Shortage.” It was an interesting twist on the concept of multi-generational housing that generated a lot of related headlines. I took interest in the … Read more