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re: Money people - what is your view of the economy?

Posted on 5/31/12 at 9:39 am to
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/31/12 at 9:39 am to
There's no way this guy is in IBD at JPM.

If he's regulated nearly as much as we are, there are compliance problems all over this thread.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/31/12 at 11:46 am to
I didn't think anyone here actually believed that crock of shite for a second. Obvious troll is obvious.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/31/12 at 1:17 pm to
I don't think he was trolling. I think he was just lying and wasn't even smart enough to do that.
Posted by RemouladeSawce
Uranus
Member since Sep 2008
17979 posts
Posted on 5/31/12 at 6:21 pm to
He must be the CIO whale.

I'm telling Jamie.
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 6/21/12 at 12:06 pm to
The NAR data keeps showing rising home prices this spring. If the provisional data for May turns out to be solid (and it often does not), then median home prices are now virtually back up to their tax-credit-fueled post-collapse highs of $182,900 from back in June 2010.

NAR Existing Home Statistics
(Year, Low Median Price, High Median Price)
(in thousands of nominal dollars)
2009, 166.5 (Apr), 181.8 (Jul)
2010, 164.6 (Feb), 182.9 (Jun)
2011, 156.1 (Feb), 175.6 (Jun)
2012, 154.6 (Jan), 182.6 (May--provisional)
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 6/26/12 at 3:26 pm to
I almost forgot today was Case-Shiller day. The Feb-Mar-Apr index showed the 3 consecutive month of seasonally-adjusted gains in the HPI.

Case-Shiller 20-City Home Price Index
(Year, Low, High)
2009, 139.26 (Apr), 146.63 (Sep)
2010, 143.34 (Mar), 148.88 (Jul)
2011, 137.64 (Mar), 142.97 (Aug)
2012, 134.08 (Mar), 135.80 (Apr)
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