Gaze With Me Into The Credit Crystal Ball

[hegemony]

interesting... http://www.bloomberg.com/news/articles/2016-09-06/hanjin-s-ghost-ships-seek-havens-as-food-water-start-to-dwindle

 

Hanjin’s Ghost Ships Seek Havens With Food and Water Starting to Dwindle

[cashnocredit]

The optimist in me notes that there is no risk they will get hijacked for ransom.

[hegemony]

The optimist in me notes that there is no risk they will get hijacked for ransom.

Edited September 7, 2016 by hegemony

[hegemony]

http://www.reviewjournal.com/business/economic-development/nevada-tops-prerecession-levels-more-13m-jobs

 

Nevada tops prerecession levels with more than 1.3M jobs

[cashnocredit]

 

http://www.reviewjournal.com/business/economic-development/nevada-tops-prerecession-levels-more-13m-jobs

 

Nevada tops prerecession levels with more than 1.3M jobs

 

 

News stories that cite selected statistics without the relevant context to evaluate the information is called marketting. Or it could just be that the reporter is innumerate. Take your pick.

 

But the population is 8% higher.

And there are only 0.3% more employed people

 

I'm betting on marketing given RJ's new ownership.

Edited October 19, 2016 by cashnocredit

[hegemony]

http://www.bloomberg.com/news/articles/2016-11-04/prem-watsa-s-fairfax-sells-90-of-long-bonds-ahead-of-election

 

One Big Canadian Investor Dumps 90% of U.S. Long-Bond Holdings

[hegemony]

http://money.cnn.com/2016/12/02/news/economy/november-jobs-report/

[Savannah1]

"Our best answer here is that more people stopped looking for work," says Steve Chiavarone, portfolio manager at Federated Investors. "The headline numbers here are okay but the underlying numbers are less rosy."

 

I think that's important to point out more frequently.

[hegemony]

U6 is ignored by the media these days...

[hegemony]

http://www.marketwatch.com/story/time-to-sell-the-dollar-on-erratic-trump-policies-jp-morgan-says-2017-02-06

[hegemony]

http://www.marketwatch.com/story/us-mortgage-payments-as-a-share-of-income-just-hit-a-7-year-high-2017-02-17

 

U.S. mortgage payments as a share of income just hit a 7-year high

[TampaDude]

 

http://www.marketwatch.com/story/us-mortgage-payments-as-a-share-of-income-just-hit-a-7-year-high-2017-02-17

 

U.S. mortgage payments as a share of income just hit a 7-year high

 

 

Think things will get bubbly again?

[IndyPoolPlayer]

 

 

http://www.marketwatch.com/story/us-mortgage-payments-as-a-share-of-income-just-hit-a-7-year-high-2017-02-17

 

U.S. mortgage payments as a share of income just hit a 7-year high

 

 

Think things will get bubbly again?

 

It never stopped being bubbly. The water is continually stirred and salt added so it won't boil over.

[TampaDude]

 

 

 

http://www.marketwatch.com/story/us-mortgage-payments-as-a-share-of-income-just-hit-a-7-year-high-2017-02-17

 

U.S. mortgage payments as a share of income just hit a 7-year high

 

 

Think things will get bubbly again?

 

It never stopped being bubbly. The water is continually stirred and salt added so it won't boil over.

 

 

[hegemony]

this will be interesting: http://www.reuters.com/article/us-usa-fed-idUSKBN1722C7

"

Fed signals it could promptly start shedding bonds from portfolio this year"

[hegemony]

auto sales plunge

 

http://www.nbcnews.com/business/autos/plunging-auto-sales-put-industry-jobs-broader-economy-risk-n754461

[hegemony]

https://vegasinc.com/business/real-estate/2017/may/08/home-prices-keep-rising-amid-housing-shortage-in-s/

[akadaisy]

The pessimist in me started truly worrying about a fresh round of bubbles the instant I saw onslaught of house flip shows popping up.

[cashnocredit]

The pessimist in me started truly worrying about a fresh round of bubbles the instant I saw onslaught of house flip shows popping up.

 

Yeah. That and all the ads to re-fi for people with bad credit or "income problems." Didn't see that 5 years ago.

[IndyPoolPlayer]

 

The pessimist in me started truly worrying about a fresh round of bubbles the instant I saw onslaught of house flip shows popping up.

Yeah. That and all the ads to re-fi for people with bad credit or "income problems." Didn't see that 5 years ago.

I just saw a TV ad for Cashcall Mortgage claiming they can do mortgages for those with FICO as low as 580. I guess they'll let any scummy payday lender become a mortgage originator. I wonder who they get to buy that mortgage since Fannie and Freddie won't touch it.

[cashnocredit]

Moral hazard is elevated since the '08 MBS instruments and the like were mostly made good at a certain cost to the Fed's balance sheet. Thus similar activities look less risky today and so they are dipping their toes in the turbid water.

[hegemony]

http://www.cnbc.com/2017/07/13/a-decade-after-great-recession-1-in-3-americans-still-havent-recovered.html

 

A decade after Great Recession, 1 in 3 Americans still haven’t recovered

[IndyPoolPlayer]

25 percent of women, 26 percent of African-Americans and 37 percent of those earning less than $30,000 per year saying they would not be able to pay their bills within one month of being unemployed.

Of course, the 37 percent of low income people is made up of that 25% of women and 26% of A-A, and that 37% who said they wouldn't be able to pay their bills within one month of unemployment applies well before the 2008 recession. So nothing has really changed here. Cr@ptastic jurinalism at its best.

[cv91915]

 

http://www.cnbc.com/2017/07/13/a-decade-after-great-recession-1-in-3-americans-still-havent-recovered.html

 

A decade after Great Recession, 1 in 3 Americans still haven’t recovered

 

 

1 in 3 hasn't recovered.

[nooneimportant]

 

 

http://www.cnbc.com/2017/07/13/a-decade-after-great-recession-1-in-3-americans-still-havent-recovered.html

 

A decade after Great Recession, 1 in 3 Americans still haven’t recovered

 

 

1 in 3 hasn't recovered.

 

 

How do you like this sentence from the article?

 

"One in 3 people say they have yet to, or never will, recover financially from the 2007 recession, according to a new report from Country Financial."