I want to continue on my thread from yesterday regarding the plight of commercial real estate. Several witnesses at the Joint Economic Committee hearing warned that without more liquidity in commercial lending, the sector would be heading for crisis. In fact, it already is there. There is simply no securitization market for commercial loans right now, and without that, the well is pretty dry.    Read More

The Wall Street vet has high hopes for housing, but Cramer isn’t so sure about the call.   Read More

The S&P rose modestly on Thursday with investors rotating into financials after BofA-Merrill upgraded Goldman Sachs to “buy” and raised its price target to $175.   Read More

I don’t know why all the wires are leading with the quote from Rep. Carolyn Maloney, D-NY today, that “The commercial real estate time bomb is ticking.” I’d venture to say it’s exploding all over the place. She made the comment at a hearing she chaired of Congress’ Joint Economic Committee.    Read More

In fact, JPMorgan Chase's vice chairman wasn't exactly enthusiastic about the economy either. Cramer reacts to both and offers plays on cheaper gas.   Read More

Call me old-fashioned, but I still believe in that whole supply and demand thing; that’s why I’m slightly obsessed with the inventory of existing homes floating around the nation’s local MLS’s and more importantly those not floating around the MLS’s. I’m talking about the inventory of foreclosed properties that banks are holding onto, refusing to unleash onto the sales market.    Read More

If the stock market is in fact the best predictive mechanism we have available, then get ready for one heckuva a recovery over the next six months.    Read More

Shares of UK house-builder Taylor Wimpey saw solid gains, while FTSE-listed alternative investment manager Man Group sank, amidst positive trading for the London index.    Read More

What a bad way to end a terrific quarter. Both the Dow and S&P 500 finished in negative territory despite concluding the best quarter in a decade!   Read More

A lot of folks are parsing the latest S&P Case Shiller home price report out today, and debating whether some month-to-month increases are proof of home price stabilization nationwide. I frankly think it’s impossible to say anything nationwide, because a lot of different markets are reacting very differently. That may seem an incredibly prosaic thing to say, but I think an awful lot of smart folks often lose sight of that.    Read More