The Bonddad Blog

From the WSJ: Lennar Corp., the nation's second-largest home builder by market value, reported a net loss of $514 million for the quarte...

After opening lower, the SPYs went into a triangle consolidation pattern for the rest of the day. However, they did break out of this patte...

From Bloomberg: Home prices in 20 U.S. metropolitan areas fell the most on record in July, indicating the threat to consumer spending was ri...

Here's a link to the report Existing home sales decreased 4.3% from July to August and 12.8% year-over-year. Total inventory increased ....

From CNBC: Discount retailer Target warned on Monday that September sales at stores open at least a year would be well below its prior forec...

From CNBC Lennar said losses for the quarter ended Aug. 31 totaled $513.9 million, or $3.25 per share, compared with a profit of $206.7 mill...

From Businessweek: Analysts say the falling value of the U.S. dollar combined with tight supplies across many commodity markets has fueled ...

From Bloomberg: Global economic instability stemming from credit-market turmoil in the U.S. is ``likely to be protracted,'' the Int...

The market was doing fine until everyone went to lunch. Then the bottom fell out. On the two day chart, notice the three gaps down on the ...

So - how is the broader market doing? Well, the NYSE new highs/new lows and the NASDAQ new highs/new lows have both ticked upward. And while...

From Bloomberg: Banks reduced the backlog of unsold corporate debt by 2 percent in the past two weeks to $370 billion as investor demand for...

With a week (more or less) between the Fed's rate cut hopefully we can gain a little more perspective on what their action means and why...

The markets are at a divergence. There will be several different and conflicting camps that will move the markets in different directions. ...

It's Saturday. Do anything except think about the markets or economics.

The markets stood still today. When the market doesn't move it simply means the bulls and bears are evenly matched. In addition, after...

With all the talk of the rate cut you'd think that interest rates were currently at restrictive levels. That's simply not the case....

One of the primary reasons I was (and am) against the rate cut is the impact on the US dollar. The markets are currently playing out that s...

From Bloomberg: The U.S. commercial paper market shrank for a sixth week, extending the biggest slump in at least seven years and signaling ...

We're starting to see how the rate cut will shake out in the markets. I'm not sure if Ben will be happy with these developments. We...

From Bloomberg: The dollar fell to the lowest versus the euro since the European currency's inception in 1999 on speculation the Federal...