‘A’ clear trend? I’ve seen like three clear trends in YOY. Three inflections in the rate of change of YOY since the peak (upside 5/08, downside 10/08, upside again 5/09).
This is what’s called “fasten your seatbelts and prepare for crash landing into the second dip”. The effect of the expired FED mortgage buyback and tax credit hasn’t made it into the data yet. Two month lag. Add to that contracting credit and deficit issues.
The MOM decline accelerated 7/09 to 11/09, decelerated 12/9 to 1/10, accelerated again 2/10 to 3/10, and then decelerated again 4/10 to 5/10. Very noisy right now but all those non-performing mortgages on the bank’s 2nd books are burning white hot. Sooner or later the curtain will be lifted (along with the shadow inventory floodgate – Brooklyn and elsewhere back to Brooklyn as the banks are centered here on Wall St).
A friend has been doing research on the effect of cognitive development and technology and is presenting some kind of paper in the fall on GPS and how it contributes to a deterioration in our ability to visualize spacial relationships and put together cognitive maps.
a compass. That was on his list of what real man must own.
I’ve been in car with friend with one of those talking gps system. Talk about nagging. I was ready to throw it out the window so effing annoying.
(I love maps, etson. Always study one before go somewhere etc.
of course I was a geography major in college and took a cartography class).
DIBS – Corrections in brackets [YOY, MOM] below.
“NY CS YOY UP 4 MONTHS IN A ROW. [Rate of change of YOY up for all months in the set but not quite out of the red yet – almost!]
7/09 -13.24% [-10.21%, +0.92%]
8/09 -11.25% [-9.48%, +0.70%]
9/09 -9.29% [-8.78%, -0.18%]
10/09 -7.34% [-8.03%, -0.23%]
11/09 -5.39% [-7.42%, -1.00%]
12/09 -3.08% [-6.30%, -0.46%]
1/10 -0.70% [-5.26%, -0.27%]
2/10 +0.66% [-4.08%, -0.48%]
3/10 +2.36% [-2.44%, -0.72%]
4/10 +3.83% [-0.95%, -0.18%]
5/10 +4.61% [-0.42%, +0.82%]
…”
These are the correct NSA numbers (SA similar)…
07/08 193.70
08/08 193.48
09/08 191.66
10/08 189.66
11/08 186.52
12/08 183.45
01/09 180.93
02/09 177.84
03/09 173.60
04/09 170.69
05/09 171.17
06/09 172.34
07/09 173.93
08/09 175.14
09/09 174.83
10/09 174.43
11/09 172.68
12/09 171.89
01/10 171.42
02/10 170.59
03/10 169.37
04/10 169.07
05/10 170.45
“…This is what’s called a clear trend, BHO.”
‘A’ clear trend? I’ve seen like three clear trends in YOY. Three inflections in the rate of change of YOY since the peak (upside 5/08, downside 10/08, upside again 5/09).
This is what’s called “fasten your seatbelts and prepare for crash landing into the second dip”. The effect of the expired FED mortgage buyback and tax credit hasn’t made it into the data yet. Two month lag. Add to that contracting credit and deficit issues.
The MOM decline accelerated 7/09 to 11/09, decelerated 12/9 to 1/10, accelerated again 2/10 to 3/10, and then decelerated again 4/10 to 5/10. Very noisy right now but all those non-performing mortgages on the bank’s 2nd books are burning white hot. Sooner or later the curtain will be lifted (along with the shadow inventory floodgate – Brooklyn and elsewhere back to Brooklyn as the banks are centered here on Wall St).
***Bid half off peak comps***
“who can read Engrish.” – you’re typing with an accent now.
A friend has been doing research on the effect of cognitive development and technology and is presenting some kind of paper in the fall on GPS and how it contributes to a deterioration in our ability to visualize spacial relationships and put together cognitive maps.
Translation: GPS makes you stupid.
a compass. That was on his list of what real man must own.
I’ve been in car with friend with one of those talking gps system. Talk about nagging. I was ready to throw it out the window so effing annoying.
(I love maps, etson. Always study one before go somewhere etc.
of course I was a geography major in college and took a cartography class).
“$1.00 oyster night at Jolie tonight!!!!!”
Oh shucks, I’m busy!
$1.00 oyster night at Jolie tonight!!!!!
“Two asses with a compass and they still get lost.”
Hey! Watch that, DIBS.
It’s also only for people who can read Engrish.
using a map is for old people