Tuesday, March 8, 2016

NFIB Slams Fed, Obama As Small Business Optimism Crashes To 2 Year Lows | Zero Hedge

The last 14 months have seen the biggest slump in small business confidence since the financial crisis. Despite being told about how great the recovery is by authorities, at 92.9, NFIB's optimism index has collapsed to its lowest in 2 years with weakness across the board - from hiring plans to capex spending to real sales expectation. There are two 'people' to blame for this according to NFIB's chief economist - The Fed ("dithering") and Obama ("disinclined to act favorably to small business.")

The Price Isn't Right - How Central Banks Are Fixing To Ambush The Casino | Zero Hedge

Indeed, what party other than the BOJ could be buying negative coupon debt? The answer is exactly why the coming financial crash will be so severe and long-lasting. To wit, it is front-runners expecting to cop a capital gain, and then get out before the house of cards collapses. That’s what might otherwise be called an ambush. The trillions of speculator dollars crowded into trades of this type throughout the global financial markets will never get through the narrow door of liquidity that remains in the casinos. The dotcom and the post-Lehman meltdowns were only the rehearsal.

Miami foreclosure backlog is working its way out

According to RealtyTrac, Miami foreclosure rates are high and the metro is ranked no. 22 in the nation, mostly due to the long process of foreclosing.

New York City ranked 3rd in 2015 home-flipping

RealtyTrac report shows number of investors in the U.S. completing flips hit highest numbers since 2007

Why oil's 42% spike could soon backfire

Oil prices have spiked an unbelievable 42% in just over three weeks.

These investors want to create turbulence at United

Two hedge funds are tired of the problems plaguing airline United Continental. So they are hoping to elect their own board members --- and they've enlisted the help of former Continental CEO Gordon Bethune.

America's abandoned factories in hot demand

There's a love affair happening with an unlikely type of real estate: America's empty factories and warehouses.