By February, 2010 we will have begun the second wave of home mortgage resets, which will continue through 2011.

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Nov. 9, 2009: Mortgage Rate Resets - the second wave begins
If you are intrigued by stock market technical indicators, Anthony Mirhaydari points out that we may be seeing a market top, as indicated by shrinking breadth in the NASDAQ Index, weakening volume, weakness in small caps, investor complacency, and relative strength in the big Dow Jones Industrials: Stocks flash warning signs
Originally posted here:
Nov 11, 2009: Stocks flash warning signs
“And let’s be honest about it. Hybrid ARMs were never made based on the assumption that the borrowers would be able to make the payment once the loan reset. They were designed as two or three year bullets …
Continued here:
Nov 16, 2009: Second wave of mortgage defaults coming…
In 1966, we built factories, produced and exported goods. The U.S. was the largest creditor nation in the world.
Originally posted here:
Zero Hour…
If you’re an analytical type, like me, and you are interested in the financial markets, again like me, you can’t get enough of charts and graphs and analyses.
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Calculated RISK and dshort.com
Comparing the Case-Shiller housing index with the unemployment rate for past real estate bubbles shows housing prices declined for a few years after the unemployment rate peaked. This suggests that housing prices will not bottom (in real terms) until well after the unemployment rate peaks
Original post:
Housing Prices and the Unemployment Rate
From Fox News: The Dow Jones Industrial Average has fallen faster under President Obama than under any new president in at least 90 years, according to a review conducted by Bloomberg. Bloomberg reports that since Inauguration Day, the Dow has fallen 20 percent, leading at least one investor to dub this the “Obama bear market.” The Dow has also dropped 31 percent since Election Day
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Obama–already setting records
So, The Happy Capitalist has been on a little hiatus. Okay, not so little.
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The hiatus is over





