house

As mentioned in Friday’s Money Morning, today’s newsletter follows on in the same theme – the idea of a tradeable housing index.
An index which would allow investors to buy if they thought house prices were going up, and sell if they thought house prices were going down.
If it’s done properly, a housing index could provide [...]

That’s today’s headline. The headline for Monday’s Money Morning will be the follow on… “How a Housing Index Could Work”.
Yesterday I mentioned that the Australian Securities Exchange (ASX) is considering offering an index based on residential house prices.
The index – from what we can gather – will allow investors to bet, gamble or punt [...]

Much as we suspected in yesterday’s Money Morning, we’ve already seen the first stages of the institutionalisation of blatant money printing.
And not surprisingly it came from the market drones and Federal Reserve cheerleaders at CNBC.
Your editor wasn’t quick enough with the notepad and pen to jot down exactly what ‘Squawk on the Street’ host Erin [...]

To paraphrase Crocodile Dundee, “That’s not a test, THAT’s a test!”
That’s what we thought after reading the following headline from Bloomberg News yesterday: “China Said to Test Banks for 60% Home-Price Drop”.
Ooh, imagine that. Surely that would have to be pretty painful.
And it puts to shame the Australian Prudential Regulation Authority’s (APRA) stress test [...]

We’ll only have a brief Money Morning for you today as we really must wrap up the July issue of Australian Small-Cap Investigator.
As we write, our publisher and compliance boffins are going over it with a fine toothed comb to make sure everything’s in order. So while they’re doing that I can quickly bang [...]

We picked up our complimentary copy of Malaysia’s New Sunday Times as we checked out of the Concorde Hotel in Kuala Lumpur early yesterday morning.
We didn’t bother reading any of it until the mini-van (we only travel in style you know!) had dropped us off at the shiny and spotlessly clean Kuala Lumpur International Airport.
And [...]

It’s Monday morning, your editor has had a relaxing weekend, and we’re stumped for what to write to you about today.
If we were a proper writer we could claim to have writer’s block. As we’re not a ‘proper’ writer we’ll just have to say that this morning we’re ignorant. But maybe that’s the [...]