Case-Shiller shows home price plunge

The S and P/Case-Shiller Home Price Index for the U.S. housing market came out yesterday and the news was not good. MarketWatch said: Home prices in 20 major U.S. metropolitan areas have dropped a record 14.4% in the past year, Standard…

UBS warns on non-US property losses

Surprise, surprise. Consider this a holiday surprise as many are out in the U.S. for Memorial Day and in the UK for the Bank Holiday. Multiple sources were reporting that UBS warned in its 985-page capital raising prospectus late on Friday…

Ed’s Forum: Memorial Day Makeover

Dear Readers,In honor of Memorial Day and the Bank Holiday in the UK, I have given my blog a bit of a makeover. The look and feel is quite different. Hopefully, you find it easier on the eyes and better for navigation.The title has changed…

Warren goes to Germany

Warren Buffett is in Germany looking for large acquisitions of German companies. He's been forced to go global as his size and the US's competitive position has limited his options in the US. I caught a German-language article from Der…

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