Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (51222)	1/24/2006 8:23:13 PM
From: orkrious	Read Replies (4) \| Respond to of 110194

RYL reported tonight. They waited until even AH traders had shut down their screens. It's amazing how the couch every stat as a record, and they make you do some work to get good comparisons. Current release biz.yahoo.com Last Q ryland.com New order $ Q4 $904.2 million Q3 can't find New Order units Q4 3,066 units Q3 4,361 units Backlog $ Q4 $2.6 billion Q3 $3.2 billion Backlog units Q4 8,464 Q3 10,563 Things are definitely slowing down for RYL. I wonder if anyone will put 2 and 2 together. I think either new or existing home sales numbers are out tomorrow.

To: russwinter who wrote (51222)	1/24/2006 8:43:36 PM
From: UncleBigs	Read Replies (2) \| Respond to of 110194

Russ...for once a Fed member is making some sense...at least partially. This is directly contrary to some of the ridiculous things that Bernanke has said about the trade deficit (global savings glut, etc.). However, it's interesting that he doesn't thing monetary policy has a role in correcting the trade imbalance and he sees a need for the Fed to "remain flexible" (presumably means have the printing presses ready). The Fed encouraged debt financed consumption and is the cause of the misinvestment and imbalances in our economy. I suppose it's a start that a Fed official at least admits that the trade imbalance is not sustainable.