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CoreLogic: "Number of Loans in Foreclosure Lowest Since 2007"

“From CoreLogic: Number of Loans in Foreclosure Lowest Since November 2007 CoreLogic reported today that the national foreclosure inventory fell by 24.9 percent year over year in April 2015 to approximately 521,000 homes, or 1.4 percent of all homes with a mortgage.”

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New Gus Grissom bio coming in June 2016

My biography of the American astronaut Virgil I. “Gus” Grissom, Calculated Risk: The Supersonic Life and Times of Gus Grissom, will be released by Purdue University Press in June 2016. 198 more words


Update: Prime Working-Age Population Growing Again

“An update: Last year, I posted some demographic data for the U.S., see: Census Bureau: Largest 5-year Population Cohort is now the “20 to 24″ Age Group, Decline in the Labor Force Participation Rate: Mostly Demographics and Long Term Trends, and The Future’s so Bright …”

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Friday: CPI, Yellen

“Firms’ responses suggest some weakening in labor market conditions this month compared with April. … The current employment index, however, fell 5 points, to 6.7.emphasis added Here is a graph comparing the regional Fed surveys and the ISM manufacturing index.”

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Game of Probability

How sure do you feel that the girl you met before 5 mins likes you?

In daily life, you encounter many situation where you meet a girl and didn’t talk to them just because you were not sure about her response. 189 more words

Risky Business? Do the Math

“Weren’t you afraid to do this photo?”

“No. I safety pinned my shirt to my pants to avoid accidental exposure.”

“That’s not what I meant – you are in the middle of a sidewalk doing a wide arm headstand. 967 more words


Goldman's Hatzius: "The Employment Gap Is Much Bigger than the FOMC's Current Estimate"

Goldman Sachs’ Chief Economist notes that there is likely to be a lot of slack still in the labor market.  I have noted the same in my monthly pieces on the BLS jobs report.   98 more words