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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. Dollar Collapse News on the Dollar's Death Spiral. Urban Digs. Zero Hedge.

Sales 72
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Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. Among smaller markets, sales plunged 42.7% million, a 6.7%

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Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Italy: Sharpest drop in retail sales since April. In Italy, Markit reports Sharpest drop in retail sales since April. Minyanville Business and Market News.

Retail 66
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Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective.

Retail 56
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Auto Lending Standards Plunge: New Car Loans Average 110% LTV; Used Car Loans 133% LTV with 55% Subprime! Repossessions Up Sharply

MishTalk

car sales are up. That is because banks and finance companies were willing to lend at lower rates and grant borrowers more time to repay. percent a year earlier, said Experian, which collects car title and financing information to compile its reports. Auto lending, like housing in 2006, appears to be a no-lose proposition.

Finance 76
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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Scranton taxpayers could face a 117 percent increase in taxes next year as the citys finances continue to spiral out of control. It may be viewed by some as kicking the can down the road, but it may prove to the state that we need a (countywide) sales tax.".

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Mish's Global Economic Trend Analysis: Jewel Food Store Amazing.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Hormel Cure 81 hams were allegedly on sale for $3.99 Kim notified me "the sale price was $3.99" and it was reflected on the receipt. December 2006 (29). November 2006 (20). October 2006 (17). September 2006 (20). August 2006 (37).