Finance

Realtor.com Reports Weekly Active Inventory Up 49% Year-over-year; New Listings Down 17%

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by Calculated Risk on 11/27/2022 10:20:00 AM Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from Chief Economist Danielle Hale: Weekly Housing Trends View — Data Week Ending Nov 19, 2022.…

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Links 11/27/2022

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Links 11/26/2022 The Mystery of the Blue Whale Songs Nautilus World map according to fish pic.twitter.com/4Gd8A0q2RF — Terrible Maps (@TerribleMaps) November 26, 2022 A bot that watched 70,000 hours of Minecraft could unlock AI’s next big thing MIT Technology Review A…

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What I listened to in 2022

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I am listing only new releases: Bach, Johann Sebastian, complete Sonatas and Partitas for violin, Fabio Biondi.  Perhaps the only recording I like as much as the older (stereo) Milstein performance? Bach, Johann Sebastian, The Art of Life, Daniil Trifonov, The…

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The polity that is German

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Yes the expenditures had prior approval, but that does not always lead to productive results: Nine months ago, in the wake of Russia’s full-scale invasion of Ukraine, Olaf Scholz declared a Zeitenwende — a turning point — for Germany’s military and…

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Real Estate Newsletter Articles this Week: “With rising cancellations, the Census Bureau overestimates New Home sales”

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by Calculated Risk on 11/26/2022 02:11:00 PM At the Calculated Risk Real Estate Newsletter this week: • New Home Sales Increased in October; Completed Inventory Increased With rising cancellations, the Census Bureau overestimates sales• Lawler: Likely "Dramatic shift" in Household Formation…

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MiB: Boaz Weinstein Live!

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This week, we speak with Boaz Weinstein, the chief investment officer of Saba Capital Management LP, which Weinstein founded in 2009 as a lift-out of Saba Principal Strategies. Prior to founding Saba, Boaz Weinstein was co-head of global credit trading at…

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On Black Friday, Amazon Workers in 40+ Countries Strike and Protest ‘Despicable’ Treatment

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By Jake Johnson. Originally published at Common Dreams.  Thousands of Amazon workers in more than 40 countries are planning to mark Black Friday by walking off the job and protesting the corporate behemoth’s abuse of employees and the climate, as well…

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COVID Nov 25, 2022: Update on Cases, Hospitalizations and Deaths

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by Calculated Risk on 11/25/2022 08:08:00 PM NOTE: COVID stats are updated on Fridays.On COVID (focus on hospitalizations and deaths).  Data has switched to weekly.Weekly deaths bottomed in July 2021 at 1,666. COVID Metrics  NowWeekAgoGoal New Cases per Week2🚩305,082281,691≤35,0001 Hospitalized221,29321,578≤3,0001 Deaths…

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Case-Shiller, FHFA House Prices Indexes and Conforming Loan Limits will be released on Tuesday

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by Calculated Risk on 11/25/2022 10:38:00 AM Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller, FHFA House Prices Indexes and Conforming Loan Limits will be released on TuesdayBrief excerpt: Last week, the National Association of Realtors® (NAR) reported that median…

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Watch CNBC’s full interview with former Macy’s CEO Terry Lundgren on retail, holiday shopping

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Terry Lundgren, TJL Advisors CEO and former Macy’s CEO, joins CNBC's 'Squawk Box' to discuss the state of the U.S. consumer on Black Friday. Lundgren explains why he…

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2023 will be a good year for select tech companies, says Neuberger Berman’s Daniel Flax

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Flax, Neuberger Berman senior research analyst, joins CNBC's 'Squawk Box' with his outlook for the technology sector in 2023. 03:15 10 minutes ago

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Detective Wanted

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Nat Friedman is seeking a full-time solo technical leader to go on a modern day Indiana Jones-style treasure hunt. You will be responsible for starting and running a crowdsourced effort to crack an archaeological puzzle of great historical significance. Success would be…

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Links 11/25/2022

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World’s heaviest flying bird may be self-medicating on plants used in traditional medicine Frontiers Science News. Humans aren’t the only species that self-medicates! The Invasion of the Super Insects Nautilus The possible worlds of Saul Kripke The Institute of Art and…

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The Good News and Bad News About the World’s Most Troubled Systemic Lender, Credit Suisse

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Credit Suisse may have taken an “important step” in its turnaround process, as its unfortunately named chairman, Alex Lehmann, said this week. But it is also suffering a gathering run on deposits and losing clients to its biggest rival.  For the…

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Assorted links

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1. Does quantum entanglement enable mechanisms that guarantee PD cooperation? 2. Building the Empire State Building. 3. Enter Inspector Gadget, and Wilkie Collins. 4. FT dialogue with Brad DeLong. 5. The other AEA — Actors’ Equity Association — lifted mask mandates…

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Brussel Sprouts are Good

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Have you noticed that Brussel sprouts are enjoying a renaissance? Once scorned they are now showing up at top-notch restaurants. NPR: Foods go in and out of style. Few of them, though, have gone through as dramatic a renaissance in their…

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Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges

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Lambert here: More trouble…. By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. Sales of new single-family houses have been zigzagging along low levels for months. In October, they rose 7.5% from September, after having plunged 11% in…

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