Nobody got the memo, and I got all this in my feed reader simultaneously
- The Obvious, to everyone other than the NAR – Home Prices Fall 12.7% (The Big Picture)
- The Cheers, from Walmart shareholders – Consumer confidence drops in April on inflation, job worries (Associated Press)
- The Quandary, from the Taxpayer Defamation League – Bottom Falls Out of California Budget (Paul Kedrosky)
- The Expected, from those watching a little more closely – ‘Underwater’ Subprime, Alt-A Mortgages to Swell by Midyear (Bloomberg, with “expectation” here)
I’m closing my browser for the rest of the day.
UPDATE: Hearing Wal-mart cheers.