The World Steel Association Projects 2010 Steel Demand to Return to 2008 Levels
The World Steel Association (worldsteel) forecasts for 2010 confirm my earlier view that steel demand…
Dr. Duru Re-inflation of post-bubble housing markets and the threat posed by shadow inventory
Another installment from Jim the Realtor, showing “euphoric” demand for high-end REO housing in north…
writejesse China Tries to Gain Better Control Over Increasing Bills for Commodities
The Wall Street Journal reports: “China Targets Commodity Prices by Stepping Into Futures Markets.” Apparently,…
Coming soon to a city near you: higher sewer fees
Santa Rosa, Calif.: Steep rate hikes expected for Santa Rosa sewer, water bills Bainbridge, Island,…
Countrywide/Bank of America REOs decline 72%
The Countrywide Foreclosures Blog reports that 5,959 foreclosed homes are offered for sale on Bank…
U.K. producer prices rise faster than expected
WSJ: U.K. factory gate prices increased more than expected in September due to rising prices…
Quote of the day
“n a period where fears of deflation rage and too much capacity exists for so…
Inflation picking up steam in Argentina
The Wall Street Journal reports: Argentina’s inflation in September continued to clip along at a…
New cars more expensive, too.
We’ve already seen that prices of used cars are rising rapidly (see here, here, and…
Bubblicious!
Housing prices in some bubble market neighborhoods have apparently increased by close to 20 percent…