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Jeff Benjamin

Investment Insights: The Blogblog

Jeff Benjamin breaks down the game for advisers and clients.

No longer able to blame winter weather, economists see real weakness in housing

Apr 21, 2014 @ 7:47 am

By Jeff Benjamin

  • As the winter weather melts away, economists are starting to see another problem behind a slowing housing market. The short answer is lackluster demand. Early-spring sales season “decidedly tepid”

  • U.S. markets will hit the decks running Monday as earnings season picks up where it left off before the Easter weekend. On the docket, Netflix and Kimberly-Clark are scheduled to report. Later this week the market will be looking for the Alibaba IPO. Meanwhile, Ukraine is still simmering

  • Contrary to all the fairness noise coming out of the White House, the economic recovery has been setting the table for the rich to keep getting richer. More than 80% of the post-recession rise in household income has been concentrated in the top 20%. Unevenly distributed income gains

  • The average stock is more expensive than it was at the dotcom bubble peak, according to Henry Blodget's math. The world according to Henry

  • Hedge funds continue to have all the fun. Compared to investment bankers, hedge fund employees get better pay, better hours and much better perks. A well-stocked bar, three meals a day, and an in-house psychiatrist

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