What happened to all of the doom and gloom economic threads?

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Still MORE Bad News....For Glibertarians!

Natural gas falls to decade low on weak demand and abundant supplies
LINK
 
Natural gas falls to decade low on weak demand and abundant supplies
LINK

Weak demand?

Low prices?

Funny, two years ago we were told by ya'll that the rise in prices was due to the demand caused by an expanding, RECOVERING, economy...

The same goes for the unemployment number, it was a lagging indicator that would go UP when hope was around the corner.

Why the change in position?

My positions have not changed, no matter how hard you hoped...
 
Home sales continue to improve

Oh Happy Days!

A_J, what say you?

NEW YORK (CNNMoney) -- Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.
The National Association of Realtors reported that the annual sales pace in December reached 4.6 million homes, up 5% from November's pace and 3.6% from a year ago.

It was the third straight month of improvement in the pace of sales. The fourth-quarter sales volume lifted full-year sales to 4.26 million homes, up 1.7% from 2010 levels.

i took a page from the wing-nut school and only posted the "good" parts
 
<< homebuilders sentiment index >>

I know, it's a cute and unlikely name, but here it is: http://www.nahb.org/reference_list.aspx?sectionID=134

Actually it's an indicator at this level of less-bad news rather than good news.

Over here in the UK we are lucky enough to be the recipients of what the right is advocating in the USA - no stimulus, lots of austerity. The result so far is that all our indicators are a lot worse than yours. Where is that private sector stepping into the breach when you need it?

Patrick
 
The National Association of Realtors (NAR) has admitted to grossly overstating its numbers of reported home sales over the first years of this Lesser Depression. After the trusted real estate data firm CoreLogic questioned the accuracy of NAR’s numbers, the real estate trade union took a second look and revised its reported home sales data down by nearly 3.5 million homes.

Original NAR reports claimed 24.8 million homes were sold nationwide from January 2007 to October 2011. Revised data shows this figure to be off by 14% from readily available recorded data, with a total of only 21.3 million homes sold nationwide over the course of the Great Recession and the still lingering jobless Lesser Depression.

http://firsttuesdayjournal.com/nar-pads-the-numbers/
 
Will you continue trusting the real estate trade unions' market data?

No. There is an obvious conflict of interest and the trade unions' data cannot be trusted. (95%, 88 Votes)
Yes. They are a reliable source of information. (5%, 5 Votes)
 
Will you continue trusting the real estate trade unions' market data?

No. There is an obvious conflict of interest and the trade unions' data cannot be trusted. (95%, 88 Votes)
Yes. They are a reliable source of information. (5%, 5 Votes)

Shirley, you jest. There is a trade union for Realtors?

Oh the things you learn on the Literotica.
 
It must be hard for an independent contractor to find someone to engage in collective bargaining with.
 
Weak demand?

Low prices?

Funny, two years ago we were told by ya'll that the rise in prices was due to the demand caused by an expanding, RECOVERING, economy...

The same goes for the unemployment number, it was a lagging indicator that would go UP when hope was around the corner.

Why the change in position?

My positions have not changed, no matter how hard you hoped...


The Dow is approaching the 13k mark. But we still miss the good old days when you gloated about 8k. Then 9k. Then 10k. Then 11k....

Somehow for you the fact that the market went from 6800 to 12,800 proves that Obama hates Wall Street and made the economy fail though. Your point of view is pure comedy gold. Thanks for being here man.
 
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