Archive For: April 2017

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Chart of the Day: The Place To Drain The Swamp Starts Here---5X Explosion of DHS Budget

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Chart of the Day: Red Ponzi Goes Berserk----Q1 Debt Growth Rate Was $4 Trillion/Year

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100 Days Of Nothing.......Worse To Come

Some people are going to be thanking their lucky stars for Donald Trump. We are talking, of course, about the folks who have been sufficiently alert to check out of the casino since November 8.

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April 28: Daily Contrarian Reads

My daily contrarian reads for Friday, April 28th, 2017.

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This Ratio Is Flashing Warning Sign For Home Sales

A dangerous condition continues to develop in the housing market. Data suggests that underwriting standards are collapsing in an effort to rush sales into the books before the bubble pops.

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Chart of the Day: Earnings Wizardry---2009 To Present

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Inside The Donald's Candy Store----A 20/20 (Trillion Dollar) Plan For National Bankruptcy

Apparently the White House PR folks are getting desperate about all the white space on their forthcoming list of "Accomplishments during the First 100 Days".

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April 27: Daily Contrarian Reads

My daily contrarian reads for Thursday, April 27th, 2017.

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Red Hot Housing Recovery? Not Quite

The pundits have caught up with us. Wednesday's report on new home sales from the Commerce Department "raised concerns" among economists that the housing market may be overheating. We have been warning that the conditions for this have been present for the past several months. Ironically, this has been due to the rise in mortgage rates in the second half of last year. That rise is driving a buying panic among those on the bubble--that is buyers who barely qualify for a mortgage and those who might have been undecided about purchasing before rates moved up.

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The Biggest Tax Cut Ever----Some Lessons For The Donald, Part 3

Yesterday on the Cavuto Show we found a new way to describe what passes for the Donald's fiscal policy. He's essentially a 70-year old kid in a candy store who wants one of everything-----more for defense, veterans, border walls, law enforcement, infrastructure and "phenomenal" tax cuts, too----without the inconvenience of paying for any of it.

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