Calculated Risk

Mish Speaks at Google

Calculated Risk — Fri, 05 Jun 2009 09:17:00 -0400

Here is a video of Mish from Global Economic Analysis giving a talk at Google (most Q&A). read more »

Empire State Manufacturing: "conditions deteriorated significantly"

Calculated Risk — Tue, 17 Feb 2009 11:37:00 -0500

From the NY Fed: Empire State Manufacturing Survey The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated significantly in February. read more »

Chrysler Shuts Down All Factories

Calculated Risk — Wed, 17 Dec 2008 19:01:00 -0500

From MarketWatch: Chrysler to idle all factories for at least a month Chrysler said Wednesday that it will idle all of its manufacturing operations starting this Friday through at least January 19 i read more »

Jim the Realtor: Trustee Sale

Calculated Risk — Sat, 21 Nov 2009 00:30:00 -0500

Jim is featuring a few trustee sale opportunities recently ... the total loan on this one is about $650,000 and the opening bid is $331,500 for a 2100 sq ft house on over 4 acres in a remote area of San Diego:
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Unofficial Problem Bank List Increases to 513

Calculated Risk — Fri, 20 Nov 2009 21:03:00 -0500

This is an unofficial list of Problem Banks compiled only from public sources. Changes and comments from surferdude808: The Unofficial Problem Bank List increased by a net six institutions to 513 while aggregate assets declined to $302.3 billion from $304 billion. There were 12 institutions a
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Bank Failure #124 in 2009: Commerce Bank of Southwest Florida, Fort Myers, Florida

Calculated Risk — Fri, 20 Nov 2009 17:04:00 -0500

Turkey on table Carved up by the Central Bank MMMM Commerce Bank, Yum! by Soylent Green is People From the FDIC: Central Bank, Stillwater, Minnesota, Assumes All of the Deposits of Commerce Bank of Southwest Florida, Fort Myers, FloridaCommerce Bank of Southwest Florida, Fort Myers, Florida
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Moody's: CRE Prices Off 43% from Peak

Calculated Risk — Fri, 20 Nov 2009 14:47:00 -0500

From Globe St.: Values Off 43% From 2007 Peak Prices nationwide have fallen 42.9% from their October 2007 peak, according to the latest Moody’s/REAL Commercial Property Price Index report issued Thursday, while Real Capital Analytics says total transaction volume for 2009 will be the lowest of t
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National Survey: Data on Home Buying Financing

Calculated Risk — Fri, 20 Nov 2009 13:43:00 -0500

Here is some national data on home buyer financing in October. This is from a survey by Campbell Communications (excerpted with permission) released today. Source: October Trends in Existing Home Sales, a presentation from Campbell/Inside Mortgage Finance Monthly Survey on Real Estate Market Condi
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Krugman on AIG

Calculated Risk — Fri, 20 Nov 2009 12:30:00 -0500

From Paul Krugman writing in the NY Times: The Big Squander During the bubble years, many financial companies created the illusion of financial soundness by buying credit-default swaps from A.I.G. — basically, insurance policies in which A.I.G. promised to make up the difference if borrowers def
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Unemployment Rate Increases in 29 States in October

Calculated Risk — Fri, 20 Nov 2009 10:00:00 -0500

From the BLS: Regional and State Employment and Unemployment Summary Twenty-nine states and the District of Columbia recorded over-the-month unemployment rate increases, 13 states registered rate decreases, and 8 states had no rate change, the U.S. Bureau of Labor Statistics reported today. Over t
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