Merrill over Matter
Attempting to make sense of the financial world
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Thursday, May 27, 2010
Money Money + Money -- Money supply update
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Money supply figures supplied by the Federal Reserve (as of 2010-05-27) continue to decline. The data shown is the sum of M2 and Instituti...
Monday, May 24, 2010
Bank lending update
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It has been a while since I last discussed the decline in bank lending. Total loans and leases continues to decline while bank's holdi...
Wednesday, May 12, 2010
Austerity in Europe, it's so fashionable right now!
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As I mentioned recently the austerity would be coming with the bailout packages. It didn't take even a week and the cutbacks have alrea...
Shanghai consides levying annual property tax on 2nd homes -- This is important!
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This is big folks. Up until now there has not been any sort of annual property tax on housing so there was no annual cost (beyond a loan)...
Another update on China housing -- price and transaction volume falling
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The Chinese government continues clamping down on housing rules and regulations. If the final new article in this post is accurate the resu...
Delinquent home loan update -- Still grinding higher
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The percentage of delinquent home loans appears to be close to finally cresting. Well, hopefully. There are some lags to the data and wh...
Tuesday, May 11, 2010
More on Strategic Defaults
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The blogosphere has been discussing strategic defaults for a while now. It appears the concept is hitting the major media outlets now which...
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