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 In my previous housing market update, I described the increasing pressure on the housing market. The housing data continued to worsen through mid-October, however housing-related stocks launched a strong rally. Rate relief from declining mortgage rates, accompanied by a rally in the bond market, provided a platform for a countertrend … Read more
In past Housing Market Reviews, I observed a notable shift in housing activity from the West to the South. I have wondered aloud whether this disparity comes from economic choices moving households from relatively expensive markets in the West to relatively more affordable ones in the South. It turns out the IRS has some of … Read more