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Wednesday, May 14, 2008

Wednesday, May 14, 2008


photo by James Jordan


Quote for the day:

To have great poets, there must be great audiences, too.

- Walt Whitman, Notes Left Over



In the news:

Freddie Mac reported a first quarter loss of $151 million or 66 cents a share compared to a $2.5 billion loss in the fourth quarter. Analysts had expected a loss of $1.57 a share. Freddie Mac benefited from an accounting change that reduced losses on credit guarantees. Overall credit-related expenses were $1.45 billion versus $262 million a year earlier.

U.S. foreclosure filings reached a record high in April of 243,353, rising almost 65% over the previous year and 4% over the previous month.

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at 5/14/2008 11:10:00 AM  

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      • Personal Income Growth is Flat
      • Friday, May 30, 2008
      • Imports fall causing an upward revision in GDP
      • Thursday, May 29, 2008
      • Durable Goods drop less than expected in April
      • Wednesday, May 28, 2008
      • S&P Case-Shiller Home Price Index continues its fall
      • New Home Sales Continue their Slow Pace in April
      • Tuesday, May 27, 2008
      • Existing Home Sales Starting to Plunge Yet Again
      • Friday, May 23, 2008
      • OFHEO indexes lag S&P Case-Shiller indexes
      • Thursday, May 22, 2008
      • The Fed Minutes Spook the Market
      • Wednesday, May 21, 2008
      • Inflation spikes up in the core PPI numbers
      • Tuesday, May 20, 2008
      • U.S. Leading index posts second small increase in ...
      • Monday, May 19, 2008
      • New home construction for April is down over 30% f...
      • Friday, May 16, 2008
      • Sales Tax collection declines at a slower pace
      • Thursday, May 15, 2008
      • CPI for April rises less than expected
      • Wednesday, May 14, 2008
      • Retail Sales for April was stronger than expected
      • Tuesday, May 13, 2008
      • Option ARM delinquencies continue to spike up; man...
      • Monday, May 12, 2008
      • Trade deficit falls in March but personal income f...
      • Friday, May 9, 2008
      • Consumer loan growth is flat for March
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      • Tuesday, May 6, 2008
      • ISM's Non-Manufacturing Index jumps to 52%
      • Monday, May 5, 2008
      • Unemployment falls to 5%
      • Friday, May 2, 2008
      • Real Personal Income turns negative
      • PMI is flat for April; not at recessionary levels
      • Thursday, May 1, 2008
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