Monthly Archives: December 2008

SF rents are coming down

San Francisco rent prices are coming down. I really don’t care about what I read in the SF Chron or SJ Merc about strong rental markets. It’s pure bullshit, just like those same articles they were writing as the real … Continue reading

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Market rallies on higher oil prices

Today the broad markets are rallying on higher oil prices and lower treasuries. Earlier I mentioned that the opposite was taking the market lower. I’ve said it a zillion times before, and I’ll say it again. Higher oil prices make … Continue reading

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This is going to hurt…a lot

http://finance.yahoo.com/echarts?s=^TNX#chart1:symbol=^tnx;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined That’s the maximum history for that chart. The 10 year yield has never been below 3%. Today, we didn’t just flirt with less than 3%….we crashed below 3%. This is epic, and nobody is saying anything because it didn’t … Continue reading

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