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Date authored

: 2012 » 03/2012 » 03/27/2012
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Misc: Lennar reports 33% increase in orders, Richmond Fed survey shows slower Expansion, Consumer confidence declines

March 27th, 2012
in
• From Lennar: "New sales orders in the first quarter were encouraging. We have seen the market stabilize, driven by a combination of low home prices and low interest rates, making the decision to purchase a new home more attractive, compared to the heated rental market. We recorded our strongest first quarter sales since 2008, with new orders increasing 33% year-over-year.

Bahama Meetings

March 27th, 2012
in
ECRI will visit the Bahamas to meet with professional clients on March 27 - 30, 2012.

Lack of systems thinking

March 27th, 2012
in
While it's understandable to focus on a single problem, what succeeds in providing domestic energy may, for example, worsen global warming. Thus, we find triumphant articles that celebrate energy independence, as if extracting more domestic fossil fuel were an overall solution rather than, as it is, a continuation of a problem of a different kind. read more

Watch Birinyi's Amanda Crumb on Bloomberg TV

March 27th, 2012
in
Click below to watch Birinyi Associates' Amanda Crumb discusses our market outlook on Bloomberg TV in London this morning.

Lithuania, Russia Tense Over Natural Gas Law

March 27th, 2012
in
Russian then-Prime Minister Vladimir Putin meets Lithuanian President Dalia Grybauskaite, Feb. 2010 (Government of Russia official ohoto)

Case Shiller: House Prices fall to new post-bubble lows in January

March 27th, 2012
in
S&P/Case-Shiller released the monthly Home Price Indices for January (a 3 month average of November, December and January). This release includes prices for 20 individual cities, and two composite indices (for 10 cities and 20 cities). Note: Case-Shiller reports NSA, I use the SA data.

China to the rescue?

March 27th, 2012
in
Thanks to frequent commenter Eoin Bond for the heads up on this piece of news, which may well be very significant for Ireland. From the piece: The National Treasury Management Agency has signed an agreement with a subsidiary of China’s sovereign wealth fund which would allow the Chinese agency to buy Irish Government bonds.

Date authored

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