January Housing Scorecard Released by HUD, Treasury
Friday, July 29th, 2011 Posted in Uncategorized | No Comments »The Departments of Housing and Urban Development (HUD) and Treasury issued the administration's January Housing Scorecard on Monday. The report is essentially a summary of data on housing and housing finance released by public and private sources over the previous month ...
Subprime Mortgage Index Soars as N.Y. Fed Halts Auction
Monday, July 4th, 2011 Posted in Uncategorized | No Comments »NEW YORK—A bellwether index of subprime mortgage bonds posted its sharpest weekly gain since September 2009 after the Federal Reserve Bank of New York suspended auctions from its Maiden Lane II portfolio of mortgage securities acquired in the American International ...
Subprime Stages a Revival
Monday, July 4th, 2011 Posted in Uncategorized | No Comments »A bellwether index of subprime mortgage bonds posted the sharpest weekly rise since September 2009 after the Federal Reserve Bank of New York suspended auctions of mortgage securities acquired in the bailout of American International Group Inc.
Subprime Mortgage Index Soars as Fed Slows Sales
Saturday, July 2nd, 2011 Posted in Micro News | No Comments »(WSJ) - A bellwether index of subprime mortgage bonds rallied Friday, a day after the Federal Reserve Bank of New York suspended further auctions of so-called Maiden Lane II securities acquired in the American International Group Inc.
U.S. banks prepare to lower use of Treasuries: report
Sunday, June 19th, 2011 Posted in Uncategorized | No Comments »A number of Wall Street's biggest banks are preparing to lower their use of U.S. Treasuries in August, the Financial Times reported on Sunday. The decision comes as a precaution against any turbulence that could follow if conflicting Republicans and Democrats ...
Dallas Fed: Selling Our Services to the World
Monday, May 31st, 2010 Posted in Uncategorized | No Comments »DALLAS--Americans can maintain good jobs and high living standards by exporting their services to the world, according to the Federal Reserve Bank of Dallas' 2007 annual report essay. U.S. companies are prepared to meet the world's growing demand for ...
Overwhelming Evidence II: Good Old Days Are Now
Sunday, May 30th, 2010 Posted in Uncategorized | No Comments »On a previous post, I presented historical data to show that we live longer, start to work later in life and work much less annually, spend 30% less time working around the home vs. 100 years ago, retire earlier, ...
Time Cost of Goods: Yesterday vs. Today
Saturday, May 29th, 2010 Posted in Uncategorized | No Comments »Data in the chart above (click to enlarge) are from the Dallas Federal Reserve Bank, 1997 Annual Report, and show the significant improvements in living standards and purchasing power over time. Prices of various food and household items are ...
Overwhelming Evidence: Good Old Days Are Now
Thursday, May 27th, 2010 Posted in Uncategorized | No Comments »The chart above is from a 1995 Reason Magazine article "The Good Old Days Are Now," by W. Michael Cox, senior vice president and chief economist at the Federal Reserve Bank of Dallas. Forget what you've heard in the ...
Living Large: America’s Prosperous Middle Class
Tuesday, May 25th, 2010 Posted in Uncategorized | No Comments »Reason.tv: To hear the Lou Dobbses and Bill O'Reillys of the world--not to mention politicians ranging from Ron Paul to Hillary Clinton--the middle class of America (however you define that term) has never had it so tough. Between credit squeezes, ...
