The World Will Not End Take a Deep Breath 9% Growth in Housing or a 4% Loss? A Little Stress Housing starts rose 9% and the market cheerleaders proclaimed that we have seen a bottom. But not if you look at the actual numbers. New unemployment claims were OK, but not if you look at the actual numbers...
Lies, Damn Lies, and Statistics Who Is Inflating the Numbers? Honey, I Blew up the Employment Numbers A Black Swan in Food Housing Numbers Are Better Than I Wrote South Africa, Canada, and La Jolla "There are three kinds of lies: lies, damn lies, and statistics." – commonly attributed...
Introduction This week we will look at a few very interesting items that did not make it into last week's forecast, as that letter was already overly long. Bernanke's arrival, the importance of the housing market to the economy, the length of the recent rally and a note from good friend James...