A daily list of the stories YOU should be reading.

5. Isn’t time for all of us to move to Alabama?

4. I would like to thank all employed Americans for continuing to spend and, as a result, propping up the economy.

3. Foreclosures are down so we should all feel good about the economy.  Don’t you feel good?

2. Looks like someone else is not sure about this great recovery which is coming next month.

1. What will be the biggest cities in the US in 2025? Maybe we should be thinking Houston instead of Alabama?

A daily list of the stories YOU should be reading.

5. Citigroup and the government continue to battle it out over stock swaps and equity stakes.

4. Wait is that Countrywide?  No, it couldn’t be Countrywide, they’ve been bought and charged with fraud. This is just everyone who used to work at Countrywide.  Big difference. (Note the Cirios quotes in the article)

3. The stock market is having a rough day.

2. Banks are gearing up to see who will be first to get to pay back the government.

1. Are homebuilders headed back to their old ways?

A daily list of the stories YOU should be reading.

5. Fed Chairman Bernanke is arguing for fiscal conservatism as a means to achieve long term economic stability.

4. Job losses are down this month, but a half million people still got their pink slips.

3. Increasing mortgage interest rates are leading to a decrease in refinance applications.

2. Unsurprisingly, large homebuilders continue to feel the pain of a slow economy.

1. For anyone looking to buy a home, note that brand new homes rarely, if ever, provide the best deals.

A daily list of the stories YOU should be reading

5. Pending home sales jump to record levels as many call the bottom. No word on when prices will stabilize.

4. Could the stock market rally be a result of the weak dollar!?

3. Wait, there is more bad news in the GM debacle!?  Shocking.

2. Cartoon Characters ask: Can America be great again?

1. The US government finds new and exciting ways to help people rack up more debt.

A daily list of the stories YOU should be reading

5. GM has officially filed for bankruptcy, which will result in the American government owning 60% of the company that emerges at the other end.

4. In a bit of economic wizardry understandable to a select few, increasing mortgage bond yields are signaling a likely increase in mortgage loan rates.

3. Freddie Mac is trying to restructure some of its massive short term debt.  To do this, it will need another capital injection from the government.

2. Treasury Secretary Geithner has some interesting ideas to spur the world’s economy.

1. Large financial institutions are preparing to battle likely rules changes.

A daily list of the stories YOU should be reading

5. Consumer sentiment is up yet again.  Is there light at the end of the tunnel?

4. On the other hand business purchasing activity is down this month, a sign we’re not out of the woods just yet (and a sign that reading economic indicators is like reading tea leaves).

3. The Public Private Investment Plan (PPIP) continues to stall before it even gets out of the gates.

2. A continually sluggish real estate market means some excellent vacation rental deals coming this summer.

1. Oil is leading the charge in a record commodities rally this month.

A daily list of the stories YOU should be reading

5. GM looks to be following Chrysler into the realm of corporate bankruptcy.

4. Bank of America has raised three quarters of its capital gap ($26 Billion) since the release of the stress test results.

3. Existing home sales are up, particularly in lower price ranges.

2. Loan workouts hit a record in April, a sign that the government’s Making Home Affordable Plan may actually be helping, if not solving the problem.

1. The National Association of Business Economists says that 75% of economists polled think the recession will end in Q3 2009.

A daily list of the stories YOU should be reading.

5. The NY Times asks … “What can you get for $370,000?”

4. People continue to lose their jobs … the housing market is not in recovery mode quite yet.

3. A glimpse into why the health of Wall Street is important to everyone.

2. A New York real estate mogul says San Francisco real estate is on the verge of recovery.  In other news, I know what is wrong with Hubble spaceship.

1. Appraisers should share in the blame for the housing down turn.

A daily list of the stories YOU should be reading.

5. For the first time in months, the market has declined (correctly, in our minds) in response to the fact that people do not have jobs.

4. Mortgage rates are near historic lows.  Keep in mind there’s a lot more to the decision of whether or not to buy a home than mortgage rates.

3. In breaking news, people like to buy things that are cheap even if they are not the best thing out there.

2. Good advice from cartoon characters.

1. As evidenced by this mall’s plight and many other like it across the country, commercial real estate is struggling.

A newer, sleeker list of the stories YOU should be reading today.

5. The negative savings rates in the early part of the decade are leaving a lot of people walking a fine line.

4. Housing starts are at a record low, which may actually be a good thing.

3. The new credit card industry: When Good Credit can be a  Bad Thing.

2. A very smart investor sees much slower growth in our future.

1. Hopefully for the last time, unemployment up = delinquencies up.