Financial

As I mentioned yesterday, there wasn’t anything that amazing and new in the annual letter of Berkshire Hathaway. Lots of people found things to comment on, and there is always …

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Bank of Canada is pleading with Star Trek fans to stop “Spocking” its five dollar bills. Since Leonard Nimoy’s death, Canadian folks have been “Spocking” the hell out of the five dollar …

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In a surprise move, the RBI just cut its main interest rates for the second time in two months, taking it from 6.75% to 6.50%, in what the central bank …

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Lower Priced Is Not the Same As Low Priced If you fall off of a ten foot ledge, but catch yourself half way down, the good news is that you …

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A Billion Here, A Billion There … We always wondered a bit why the Austrian government was so eager to adopt the EU’s bail-in law (a.k.a. the Bank Recovery and …

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The S&P 500 opened lower and is off 10 points to 2107.5 late-Tuesday, but the decline has been orderly and lacking much conviction. With no economic data to guide trading, …

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Just about every day for weeks now, I’ve been thinking, “CIB sure looks like a huge topping pattern; I should short it, but it’s already gone down so much.” But …

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For about the last year we have been blogging about the concept known as tiny houses. In that time interest has proliferated in terms of new websites devoted to the …

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Introduction We have all heard the positive sounding news: fourth quarter revenues of US$362 million, a 121% increase from third quarter of 2014; contract sales of $402 million, which is …

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Econintersect: CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 5.7%  year-over-year (reported up 1.1% month-over-month). There is considerable backward revision in this index which …

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