From MarketWatch:
Home-price gains decelerate to 11-month low as housing market tries for a soft landing
The numbers: The S&P CoreLogic Case-Shiller 20-city index rose 0.1%, seasonally adjusted, in July, and was up 5.9% compared with a year ago.
What happened: Home-price gains were weaker in the three-month period ending in July than in the prior month. The Case-Shiller national index rose a seasonally adjusted 0.2% and was up 6.0% for the year in July, down from a 6.2% increase in June. The more closely-watched 20-city index had notched a 6.4% gain last month. Those were the slowest paces of growth since last summer.
In July, Las Vegas was the number-one metro area yet again, with a 13.7% annual increase. It was followed by Seattle, at 12.1%, and San Francisco, at 10.8%. Only five cities had stronger price gains in July versus in June.
…
Big picture: “Rising home prices are beginning to catch up with housing,” said David Blitzer, who chairs the committee that compiles the price indexes. If would-be buyers balk at sky-high prices and stay away, prices should reflect that. The question now is whether this slight dip will lure more buyers back and kick-start more price growth.
…
What they’re saying: “Amidst homebuyers’ budget constraints and slight improvements in supply levels, home prices grew at a slower pace last quarter,” economists at mortgage financier Freddie Mac said Monday, before the Case-Shiller release. “For the year, we anticipate that home prices will increase 5.5%, with the growth rate moderating to 4.5% in 2019.”
fristy
Time to privatize NJ Transit.
The engineer no shows are a fatal blow to the credibility of NJ Transit. Appeal of NJ train town real estate is shrinking. Will we see rise of the bus town real estate? Wayne hot and Montclair not?
Why Baristanet silent on NJ Transit woes? Montclair trains being cancelled right and left.
The engineers and architects probably didn’t account for the weight of all the poop.
http://www.foxnews.com/us/2018/09/26/2b-grand-central-west-terminal-is-shut-down-over-safety-concerns.html
Just in time for Dreamforce
Sorry, Wayne park and ride is full on a daily basis.
There may be a few premium parking spots if you have deeper pockets.
Nope, wait list for parking. $480 a year.
Why the Fck aren’t cookies working
Is that what’s supposed to save your Name and email for posting? Hasn’t worked for me in weeks. I think I posted about it. Maybe the new version of Chrome needs something?
Why the Fck aren’t cookies working
They will never be held accountable. It is same old, same old. Not that they are the phenomenal but MTA Metro North is light years ahead in terms of reliability. It was a catastrophe yesterday. Lots of 20m delays but my train pulled in nearly on time getting home. NJ commuters are cockroaches to be fleeced, in NJT eyes.
They will never be held accountable. It is same old, same old. Not that they are the phenomenal but MTA Metro North is light years ahead in terms of reliability. It was a catastrophe yesterday. Lots of 20m delays but my train pulled in nearly on time getting home. NJ commuters are roaches to be fleeced, in NJT eyes.
Rosenstein said he would resign if Trump doesn’t disparage him online? Does he have that recorded? Lol…. you’re fired!!!
Subcontract to the MTA
Monsanto is killing honey bees? Ruh-roh. I remember a big bee die-off in something like a bank parking lot near some trees. The parking lot was covered with them.
http://www.pnas.org/content/early/2018/09/18/1803880115
the bus isn’t’ bad on the way in, the way home is always terrible cause route 3 is really screwed up right now
anytime i need to go downtown i’d rather drive to harrison and take the path
Gator’s train this morning was SRO packed, two cars short and a single decker. Wasn’t this Murphy’s platform? Fix NJ Transit?
If I were a commuter, I would organize a pay out. In October, everyone rides free. If during the first week things are normal, people will buy their monthlies on week 2. If not, keep on not paying. But I work from home. So.
I’ve driven to Hoboken and taken the path, simply because it was faster, easier, and more predictable than the alternatives.
How about the new plan to tax jet fuel at EWR to pay for the Path, btw.
Why not just price the EWR segment at a premium? $5-10 a ride between EWR and Newark Penn.
Heathrow Express is like 25 pounds a trip.
So we can use Round Up to kill bees and weeds? Hurrah!
I only use Round-Up to control poison sumac and that’s like one spray bottle every 10 years.
How can the PATH be losing money? It was built in the horse and buggy days and runs at an insane utilization rate. Oh that’s right. Hundreds of patronage jobs.
Everything in London is enormously overpriced. I hate eating there with a passion. Besides curry, everything is extremely overpriced and quite frankly, bland and sh1tty.
https://www.citylab.com/transportation/2015/06/how-much-money-us-transit-systems-lose-per-trip-in-1-chart/395189/
Lib,
London overpriced, yes. But last time I went there I found plenty of good food, mostly higher end. But fish and chips are relatively cheap and decent gut bombs. Or just go to pubs and drink. Afternoon tea at Brown’s Hotel was great – come hungry with a reservation and prepare to spend.
Never, ever, order a burger in the UK.
78 has been packed around 6:45. It always used to be smooth sailing until about 7:05. My guess is less people relying on NJ transit. I’ve never seen the traffic this bad. The reality is, this state needs more freeways and a better rail system. We’ll likely get neither.
Also, Indian Food in London is like Chinese Food in the states, it bears no resemblance to the actual reality other than the names and the decor.
Grim,
Sometime, you are unbelievable.
You are so full of your own b*ll regarding free markets, globalization, and offshoring jobs that for an immigrant stock a generation or two removed from the boat, you should be ashamed. Stop reading Rand, Koch brothers bull, and hanging around Fast Eddie.
NJ Transit would not exist, if it could make money. Part of it would still be in PSEG, as in Public Service (not the Electric & Gas) https://youtu.be/Yv6HcZLQHnE
grim says:
September 26, 2018 at 6:39 am
Time to privatize NJ Transit.
Nothing is worse than the ride to downtown jersey city even at 645 am its about 30 min to drive the last 3 miles
Reviewing Kavenaugh’s high school calendar.
Anyone who is that f*kcing organized in senior year of high school, and kept that shit, is absolutely a psycho killer.
Sometime, you are unbelievable.
The state clearly lack the expertise to operate it effectively, at any cost mind you.
The current administration has not been able to fix the above issues, at any cost mind you.
So what now? Accept the inept operation of this transit system?
Fine, don’t privatize it, merge it with the MTA and allow the MTA to manage it.
The issue is not only with the current leadership, but what appears to be some kind of absurd entitlement of the engineers and the union. No one takes issue that the union that represent the engineers insinuates that if they were paid more, there would be fewer unexpected absenses? That’s a fucking threat, not a justification.
FIX IT. Fire everyone and start over if necessary.
I’ve never seen the traffic this bad.
It’s beyond absurd, I agree. As for the trains, my line seems to be pretty consistent. I don’t see many delays or cancellations. I will also say that it is more crowded than when I started taking this particular line about three years ago. There are a lot of people going to work.
By the way, another house sold after listed a few weeks ago in my vicinity – or at least, under contract. No doubt it’s another young family but I’ve told here that everybody says, “another young family” when a house is sold in their neighborhood except it’s true; every house I see sold is indeed another young family. Don’t shoot the messenger.
Green, Ex. Enhanced by a quick R/T on the 29C at open.
Probably continue to hold the long put for a bit. 30 year mortgage average is 4.97 this week. Plus I still need some shorts in my portfolio and can’t find anything else I’m in love with.
Not Grimsky,
Failing at work again? Got fired again? Never lived up to expectations? Life dealt you a pair of brown loafers? Awkward with women? Be a man and stop crying.
Further more, if you really want to fix stuff. You got to rebuilt. NJ Transit is amalgamation of 6 railroads, all built their infrastructure in the late 19th Century.
If you really want to fix things, than you need to crown a blank check holding transportation visionary authoritarian like Robert Moses, who had 7 jobs titles at his finest and was not touchable by any one, and was able to build the road network around NYC and great beach park like Jones Beach.
Think how the Jersey Shore would be so much user friendly if Moses had put a bulldozer thru those whiny towns. Compare the experience of the average Joe6Pack, not the wealthy owners of going to Jones Beach vs Deal.
So what is lacking is “the vision” thing, and the “ability to do” things. These are the type of stuff you find in government, when government is challenged to do things like win WW2, instead of being a wh0re for ideological fanatics of a certain generation that is morally and intellectually bankrupt that think everything need to make a profit, instead of serving as a goal or spring board to further and better future.
Further more, if you really want to fix stuff. You got to rebuilt. NJ Transit is amalgamation of 6 railroads, all built their infrastructure in the late 19th Century.
How exactly does this explain engineers deciding, en mass, to not show up on Mondays or Fridays?
Further more, if you really want to fix stuff. You got to rebuilt.
And a remedial reading student in the public education system, I surmise.
The dirty little secret is that the engineers and their union don’t want more engineers hired, because they are milking overtime like crazy. There are plenty of engineers making more in OT than base, at close to $200k a year.
Absurd.
Good to be king of the trains, to be able to call out with 5 hours notice, with zero backup.
Train cancelled? Who cares? Fuck you, pay me.
When you aggregate all US mass transit systems…it’s bad. If you subtract out NYC MTA, it is so horrible that you wonder why anyone would bother. Just think about the (non)efficiency of a public union bus driver driving most of the day with 10 or less people on his bus. Here’s another dirty, literally dirty, little secret about mass transit diesel buses. There is often a second diesel engine on board that has no emission controls whatsoever. The second engine runs all night to keep the main engine warm so that it starts easily and reliably each morning.
I saw. All the after hours gains fell off a cliff at the open. Congrats lw.
Green, Ex. Enhanced by a quick R/T on the 29C at open.
Probably continue to hold the long put for a bit. 30 year mortgage average is 4.97 this week. Plus I still need some shorts in my portfolio and can’t find anything else I’m in love with.
Jones beach is a colossal dump. My son went there on a summer travel camp trip and couldn’t get over how much trash there was laying around. He also said the bathrooms had sh1t everywhere. The walls. The floors. And I’m sure many a contractor got rich off of Moses. The truth is, all of these agencies are now patronage mills for the rich and unqualified. And for every hard working blue collar, there are two underqualified white collars who were lucky enough to either have married into a political family or who were spoiled brat offspring. I know this as I know a lot of people on the inside. Both at NJ Transit and at the Port Authority. And anytime I see county sheriffs marching in a parade, I want to fling manure at them.
I have posted this before, NJ Transit scheduling is all done by Robots. GIRO or similar system the system is in use. They have apparently hundreds of rail operations management and they still have to rely on a very expensive AI system for scheduling.
You know what blows my mind about NJ Transit. Even with all of these cancelled trains. They still can’t get in or home on time. Even from Hoboken. Why aren’t their raised platforms at every station? Why are half of the doors broken? What a grand waste of money that Secaucus transfer was too.
More prostitution allegations against Menendez surfacing. A prostitute who was a minor at the time, seems to have some pretty scrupulous details. Good thing the DNC keeps backing this prick. And yet it’s Trump’s fault.
pales in comparison to the Oculus?
Libturd…look me up in Costa Rica says:
September 26, 2018 at 11:01 am
What a grand waste of money that Secaucus transfer was too.
Isn’t positive train control supposed to make trains faster and allow them to stuff more volume in tighter spaces? Why do I get the impression that all it will do is slow trains down and prevent engineers from filling in time gaps and delays by speeding?
Chi – PTC makes them slower. Today “Casey” Jones can slam on the throttle between cig breaks, just hope he isn’t snoring at the throttle because well you get well the Hoboken derailment.
Menendez is having Hillary run a “women for Menendez” fundraiser in a few weeks in Jersey City.
Perhaps somebody should send the Ho*o*ker, to the event and have her make a speech?
https://www.insidernj.com/hillary-clinton-coming-new-jersey-campaign-menendez/
libturd,
So funny – where are the dems on “all women must be believed”for Menendez and so many other Dems? And Menendez is a guy with lots of witnesses and a history, hardly an outlier even in his history.
“Not Grimsky” seems to imagine if there were just more Stalin-like strongmen running even more expanded government, it would magically beat the customer-driven incentivization that market forces provide.
I wonder which one of our resident Stalinists he is?
Grim is totally right that privatization would be an improvement. But the vested interests probably have so many labor laws and regulations and set-asides that it would be impossible to make money running NJ Transit in the way that politicians want it to be run. But state-run mass transit in NJ/NYC is clearly not being run for the benefit of its users, but as some sort of patronage machine.
I know for sure that MTR in Hong Kong, which has been a public company for more than a decade, has provided better service and a much better financial profile than NJ’s corrupt and decaying transport system.
But the unimaginative Stalinists would much rather stick with their failed worldview than innovate to potentially get out of a mess.
“How exactly does this explain engineers deciding, en mass, to not show up on Mondays or Fridays?”
Grim he’s right. We need someone in government who is a visionary who will rise to challenges. Like Ronnie. Go all PATCO on these engineer d0uchebags.
Ex, still open for any short ideas brother. Don’t feel good about this market between now and Elections. Have some positions on, but not enough.
PTC is mostly crap. Outdated technologically before it even gets installed. Probably a decade or more behind the advanced stuff going into autonomous cars these days. But regulators demand this old technology. It can help prevent some collisions, though at a cost. The freight railroads are trying to squeeze some minor positives out of it, but it’s mostly something that can also potentially lock up your whole rail line. Run by incompetent state-run systems, I can picture PTC freezing up the system, especially at first. Because all it does is stop trains, unless it gets an ok signal. So if the system goes down or is on the fritz, nothing will move. Make sure to have a commuting plan B for those days.
Only the best and brightest for NJT.
https://www.nj.com/traffic/index.ssf/2018/09/shamed_for_shaving_on_nj_transit_train_people_rall.html
Is punkin writing for NJ.Com? Note the homophone mistake in this line of the story:
“One of those interview offers, Torres told the Washington Post, is from the agency that runs the trains that he road during his embarrassing shave, NJ Transit.”
rode, not road.
He looks like one of them, and clearly feels at home on a train.
Speaking of trains, I obviously went to the wrong high school. #metoo
Rape trains? What is it with politicians? Can’t any of them keep it in their pants for like five minutes?
Here we go. I mentioned two weeks ago that any delay would be met by an endless string of BS allegations. Stormy Daniels lawyer now has the next one. The statement below reads like, “I was drugged and gang raped, but not by Kavanaugh. OTOH, I saw him doing some other gang rapes.”
https://www.mediaite.com/online/breaking-michael-avenatti-reveals-client-making-gang-rape-allegation-against-kavanaugh/
In the statement, Julie Swetnick, a current government employee, alleges Kavanaugh and his friend Mark Judge attended a party where she was drugged and gang raped by a series of boys. While she does not accuse Kavanaugh of assaulting her, she claims she witnessed him participate in the gang rapes.
My bet is still that ol’ Doc Ford doesn’t show tomorrow, but she’ll be on 60 minutes on Sunday.
Tell me what normal male would still vote democrat for anything after all this sh1t? How much of a p.ussy does a man have to be to vote democrat?
It’s amazing how Kavanaugh and his friends only seemed to target women who didn’t report anything to the police and would become liberal Democrats 40 years later. The rest they didn’t touch.
you might need SSL for cookies
I think I might need to change my name again. Photoshop time?
“It’s amazing how Kavanaugh and his friends only seemed to target women who didn’t report anything to the police and would become liberal Democrats 40 years later. The rest they didn’t touch.”
In the upside down world of liberal-land that is further proof of their guilt.
Because only a finely honed sexual predator would be able to identify women who wouldn’t speak for 40 years.
One. Just give me one Democrat senator tomorrow that offers a sincere apology to Kavanaugh for having his name dragged through the mud so horribly after impeccable years on the bench, after six FBI investigations into his background, and because the Dems on the Judiciary Committee sat on the Ford allegations for six weeks while he was being vetted. One. I won’t hold my breath. Pieces of sh1t.
As an aside, as the left cranks up all three rings of this circus they are totally energizing Repubs and Indies. People I thought were apolitical to left are ripsh1t about this railroading. Especially since the freak show Avenatti inserted himself.
Dems may very well overplay their hand and snatch defeat from the jaws of victory by waking the opposition. Won’t be the first time for them, lol. Don’t poke sleeping elephants.
lw – Maybe Lennar Homes (LEN) but I’d wait a few days, because it’s fallen on KBH disfavor today. Earnings are in 7 days.
Ex, still open for any short ideas brother. Don’t feel good about this market between now and Elections. Have some positions on, but not enough.
The MMM* is currently +/-2.45 on LEN, so about 45.57 to 50.47 after earnings.
If I keep giving you good tips you have to give me first dibs on your 911 when you trade up.
*Market Maker Move
https://tickertape.tdameritrade.com/tools/market-maker-move-indicator-16084
And ultimately succumb to Trump Derangement Syndrome. As soon as I heard about ol’ Doc Ford the first thing that jumped into my mind was, “How many of his HS circle became California academics?” Maybe just her?
Because only a finely honed sexual predator would be able to identify women who wouldn’t speak for 40 years.
I wonder if the DC Pacific Rape Train only picked up riders at Ford, Ramirez, and Sweatsnatch stations?
Definitely one of my better creations.
https://photos.app.goo.gl/a9RkkfLmeDmxrQaZ6
LOL.
re: Train – I have a hard time believing such a thing could be kept secret. Not with teens anyway. Someone especially a teen always talk and word spreads even without social media. Then there are all the women who came forward and said it never happened.
If this guy gets approved, we all be in trouble. Who vets for Trump? Helen Keller?
I don’t. Then again, I’m from Glen Ridge. It all depends on where you grew up. My town? Never! Our dads would have whipped us silly. But many of the kids I witnessed at the rich b1tch camp I used to work at, I wouldn’t put it past. Seriously.
How do you thoroughly vet for something that somebody might make up?
There’s a little too much smoke here. I agree he’s innocent till proven guilty, even though that doesn’t apply here. And let him be confirmed if he is indeed innocent. But you do HAVE to investigate these allegations. Especially the rape train.
Turd- Most normal people would go to the police after seeing not one but multiple gang rap*e*s. Also she saw them spike the punch then why would she drink it?
Attened 10 rape parties?
And then this part. ‘Ms. Swetnick doesn’t allege that Judge Kavanaugh and Mr. Judge engaged in the rape but said they were “present” when she was victimized.’
So they are being accused of what failure to report a crime, running a ra*pe gang they did not partake in?
I think the Dems know to stop just short of calling Kavanaugh a ped0phile, but I think they may have still gone too far. After he’s confirmed, then he’ll be labeled a ped0phile.
Especially since the freak show Avenatti inserted himself.
Dems may very well overplay their hand and snatch defeat from the jaws of victory by waking the opposition. Won’t be the first time for them, lol. Don’t poke sleeping elephants.
Can you imagine if they ran the allegations in reverse order?
1. He was the engineer and conductor on daily rape trains.
2. He used to whip out his junk and stick it in girls faces.
3. He laid on top of a girl and his friend knocked them both off a bed. She went home.
I think he should take a polygraph. What’s he got to hide?
No seriously, I think the Dems win this one battle. But fear not my fellow Americans. It will only serve to empower the deplorables. And if he didn’t do anything, investigate and move on.
My gut tells me there is something there. And I have a pretty big gut.
I will say this. Regardless of how the economy does under Trump. Socially, he’s really a buffoon. How the Dems couldn’t beat him speaks volumes to how much the party needs to reform.
“Karl Marx defined the proletariat as laborers “unencumbered by any means of production” who were increasingly impoverished by the rise of machines. In that classic form, Marx’s favorite class doesn’t really exist in the rich world today, except in the so-called gig economy.”
https://www.bloomberg.com/view/articles/2018-09-25/gig-economy-workers-are-last-of-marx-s-oppressed-proletarians?srnd=premium
Good stuff! Always respected your insight.
chicagofinance says:
September 25, 2018 at 5:23 pm
Dude…..remember I wrote this…..
chicagofinance says:
September 24, 2018 at 12:09 pm
Real estate prices are sticky…. they generally will not go lower….. but volume will dry up….. I agree “Almost no chance of prices going significantly lower”….. but prices don’t have to go lower to screw everything up…..
The Great Pumpkin says:
September 24, 2018 at 12:07 pm
Here is why…..
https://www.bloomberg.com/news/articles/2018-09-19/cash-strapped-americans-are-leveraging-their-homes-to-pay-the-bills
One should always trust the Chi, due to his pedigree.*
*ignore his sophomoric Youtube, Depeche Mode and articles from the New York Post transgressions.
Gametime, 10am tomorrow.
Trump off his meds. Hope he’s not blowing up the delicate balance that is tomorrow.
Wish on this presser he just passed entirely on any SCOTUS questions.
Pussy Grabbér in Chief is a buffoon. Killing agri-business and automotive Incase you morons were curious.
If you really wanted to get to the bottom of this you would make Mark Judge take a polygraph…If he passes, waterboard all three ladies.
Libturd, do you mean this Glen Ridge?
https://bit.ly/2zyeZdB
Is that a song by Cat Stephens?
Libturd…look me up in Costa Rica says:
September 26, 2018 at 3:36 pm
Especially the rape train.
Apparently there is another Kavanaugh accuser who just came sort of forward in an unsigned letter.
My high school science teacher said we shoudl jsut hold pillows down over the heads as they slept.
https://www.youtube.com/watch?time_continue=62&v=t0e9guhV35o
3b – he rolled around, he waved his dick, now he is a rapist train enabler while in high school of a college age woman….
Cuomo just called out Avenatti on CNN to his face, even Cuomo does not believe this…
“Especially the rape train.”
Definitely let out a guffaw on that one. Though if it was Cat Stephens, it would have to Poon Shadow, Poon Shadow.
“Even before President Trump’s election, hatred had begun to emerge on the American left—counterintuitively, as an assertion of guilelessness and moral superiority. At the Women’s March in Washington the weekend after Mr. Trump’s inauguration, the pop star Madonna said, “I have thought an awful lot of blowing up the White House.” Here hatred was a vanity, a braggadocio meant to signal her innocence of the sort of evil that, in her mind, the White House represented. (She later said the comment was “taken wildly out of context.”)”
https://www.wsj.com/articles/why-the-left-is-consumed-with-hate-1537723198?emailToken=4bb0d4bc9f7dd9c72c45a3dd711e2b4c9AmyXlwdkaz6ek7iKXEp5D8robE5kY5CZp9DwVFPtGj5O8KBmsLDHtpRT7gbCVA2w2OsiNjdF0Qu1nAHg1od8A%3D%3D&reflink=article_copyURL_share
“The left had important achieve-ments. It did rescue America from an unsustainable moral illegiti-macy. It also established the great menace of racism as America’s most intolerable disgrace. But the left’s success has plunged it into its greatest crisis since the ’60s. The Achilles’ heel of the left has been its dependence on menace for power. Think of all the things it can ask for in the name of fighting menaces like “systemic racism” and “structural inequality.” But what happens when the evils that menace us begin to fade, and then keep fading?
It is undeniable that America has achieved since the ’60s one of the greatest moral evolutions ever. That is a profound problem for the left, whose existence is threatened by the diminishment of racial oppression. The left’s unspoken terror is that racism is no longer menacing enough to support its own power. The great crisis for the left today—the source of its angst and hatefulness—is its own encroaching obsolescence. Today the left looks to be slowly dying from lack of racial menace.
A single white-on-black shooting in Ferguson, Mo., four years ago resulted in a prolonged media blitz and the involvement of the president of the United States. In that same four-year period, thousands of black-on-black shootings took place in Chicago, hometown of the then-president, yet they inspired very little media coverage and no serious presiden-tial commentary.”
I’m finally at the point where the Democratic Party makes me sick.
Hey you make everyone you know sick so there is balance. We don’t want you you have no ideas or convictions you flap in the wind. Brainless imbecile.