LA Port Import Traffic Collapses in February
In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here. Earlier today the Census Bureau reported that both imports and exports continued to decline in January. But February is looking even worse. Last week China reported exports had collapsed in February. And from the Journal of Commerce Online today: St. Petersburg TEU Traffic Plunges The First Container Terminal in St
Pensions: Another Trillion Dollar Bailout?
In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here. From David Evans at Bloomberg: Hidden Pension Fiasco May Foment Another $1 Trillion Bailout (ht James & Bob) Public pension funds across the U.S. are hiding the size of a crisis that’s been looming for years. Retirement plans play accounting games with numbers, giving the illusion that the funds are healthy. ... Th
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Housing: "First-time buyers and investors" are "market’s lifeblood"
October Economic Summary in Graphs
Charlie Rose: AIG and Meredith Whitney on Banks
Architecture Billings Index Near Record Low
Inventory Correction
Rising EPDs on FHA Loans
Senate Bill Seeks $500 Billion for FDIC
Calculated Risk: January PCE and Personal Saving Rate
Key Economic News
A suggestion for Balance Sheet Transparency and Disclosure
NY Times: Bank Bailout Plan Details
Bill Gross: Fed to Cap Ten Year Yield
Some Improvement in Bond Market
The Possible Impact of Contracting Manufacturing in China