Falling Houses
We get Housing Starts tomorrow morning at 8:30am
Sadly Amusing belated autumn leaves:
Monday, November 19, 2007 | 02:30 PM | Permalink
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How much of WMT's earnings were due to inflated food and energy costs? I'm curious on this one.
Posted by: Florida | Nov 13, 2007 3:16:44 PM
Plenty for starters 16% of sales are grocery. Add in Fuel sales and pharma sales, and you gotta figure their traditional retail was just as bad as everyone else's.
Posted by: Michael Donnelly | Nov 14, 2007 2:33:40 PM
Gosh, this looks familiar.
Posted by: wally | Nov 19, 2007 3:10:48 PM
The last time I saw a bear market (1990 +-)
I saw that right before the occourance there were a tremendous amount of ads for watches in magazines. Well got my new issue of Better Life (which I like) and there was a 3 page glossy pullout for a maker of pricey watches. Tons of watch ads. Now since expensive watches are bits of wonderfull craftmanship and beauty / fancy bracelet surrounding the excuse of also being a timepiece, it means that people thought there was a lot of $ sloshing around and bought those ads. When you can go out and buy the function of a timepiece for 3/5 dollars everything else after that is there for a different reason. All I am saying is if you are spending big bucks on a watch you either are really flush or think you are. My Eddie Bauer watch for 70 bucks is a durable, handsome thing. Anyway I think that this many ads portends a negative economy again. When there is blood in the street used Rolexs abound. Another fun item for prediction is the thickness of magazines. The thicker they are the more advertising, I guess you could do it by weight. Sort of like evaluating stocks by current PE versus the five year average.
Have a great Thanksgiving.
PS. If you are an American Indian, sorry about all that.
Posted by: alexd | Nov 19, 2007 3:30:22 PM
Is it still a good time to buy or sell a house?
Posted by: Rich Lather | Nov 19, 2007 7:59:05 PM
