Case-Shiller: Beware the Head Fake
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday: The bloodletting may not be over. Here’s…
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday:
The bloodletting may not be over. Here’s why: If price declines accelerate for the mid-to-upper end of the housing market, then that could generate enough large declines in values—even among a small segment of the overall housing market—to push the index lower still.
Meanwhile, here in New York (where there’s plenty of “mid-to-upper” properties) housing prices ticked down another 1.6 percent in April for a total of 21 percent off the June 2008 high, as the chart above shows.
Questioning if Dave is real is like the ultimate rookie mistake on this blog.
Ok getting away from NYC for a moment…what happens to California now they’ve declared bankruptcy? Is an outside agency created to administer its finances? That happened to NY in the 70s, right? Big Mac or something?
How do you become a “manager” in a Hedge Fund that only has 4 people in it????
Someone pulled straws or something???
The What (A Hedge Fund???)
Someday this war is gonna end….
“Yo Son buy SUX, BS, AIG, LEH and BOA! Those things are popping!”
Hey What, waddup son? BOA has popped for me big-time! Yes, you coulda made big bux shorting the others, but you’re not in the game!
But What, I’m loving your comments today! Rolling on the floor!
But I’ll tell you why I’m w DIBS of Team Bull. It pays to be contrarian, always has, always will. Except for Lechacal (with equities), most of this blog thinks the depression is a day away. That makes DIBS and the Team Bull the way to the money. All bears, all wrong.
Rob, maybe save the money from a coupla forties, buy a copy of Barron’s on Saturday. Read it, try again next Saturday. Repeat. Then you can not only understand the thread, maybe you can pay your taxes next year! You ain’t a kid anymore.
etson…fresh coffee on the floor.
“What is the total average staff number at a hedge fund for us non-financial types?”
I have no idea, anywhere from 1 to a few hundred. It depends how much of the non-investment stuff they do in-house as opposed to outsourcing.
Good question, wasder. I don’t know. I do know that in the late nineties and into 2006 that there were thousands of new hedge funds that were essentially one-man shops running their own personal money. it doesn’t take a lot of money to get one up and running…lawyers and accountants fees, etc.
What is the total average staff number at a hedge fund for us non-financial types?
Not four people..
The What (A Hedge Fund, ROTFLMMFAO!!!!)
Someday day this war is gonna end..
Hey what. Did you grow up “sleep 5 in a one bedroom apartment?” I really want to find out what made you the way you are.