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

To: russwinter who wrote (61295)	5/17/2006 10:07:18 PM
From: UncleBigs	Respond to of 110194

The Daily Treasury Statements are incredibly detailed. Are we to believe it costs too much to report m-3 but not to report the DTS?

To: russwinter who wrote (61295)	5/17/2006 10:13:08 PM
From: regli	Read Replies (1) \| Respond to of 110194

If most realtors get paid via 1099 and therefore report most of their income via Schedule C then just like any other independent contractor they pay estimated taxes and there wouldn't be any withholding.

To: russwinter who wrote (61295)	5/17/2006 10:14:00 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 110194

Housing slowdown behind rise in inflation Perverse methodology could be distorting view of inflation, economists say marketwatch.com Excerpt: Beneath the surface of rising core consumer prices over the past two months lies a disturbing trend: The slowing housing market is actually making inflation look worse, economists said. The housing sector makes up 40% of the consumer price index, which increased 0.6% in April. ... In the heady days of the booming housing market, more people were buying homes, and fewer were renting, economists said. Supply and demand kept rents comparatively low, and inflation appeared to be contained -- despite the run-up in home prices. But this virtuous circle is now reversing. With home prices remaining high and mortgage rates rising, more people are being priced out of the real-estate market and are instead looking to rent. This increased demand is pushing up rents. ... At the same time, the supply of rental properties has been constrained, as many former rental properties have been converted into condominiums, said Mark Vitner, senior economist at Wachovia Corp. "This dynamic, once it begins, is fairly sticky," said John Ryding, chief U.S. economist at Bear Stearns. "This raises the risk of higher inflation going forward." Perversely, this slowdown in the market is also pushing up the costs of owning a home, at least, the cost as reported by the government. The way the government computes the CPI has created a distortion that made inflation look tame when home prices were soaring, but is now making inflation look worse as price gains moderate. It's all because the government measures everyone's housing costs -- renters and homeowners by looking at rents, not at the cost of owning.