Market Recap! US Stocks, The Fed, Real Estate!

World stocks, gold, fall after Fed minutes http://www.reuters.com/article/2012/04/03/us-markets-global-idUSBRE82I00B20120403 Fed less interested in bond buys: minutes http://www.marketwatch.com/story/fed-less-interested-in-bond-buys-minutes-2012-04-03-144440?dist=markets #in #tcot

Oil ends lower, adds to decline after Fed: Traders brace for increase in U.S. weekly inventories from API http://www.marketwatch.com/story/oil-futures-retreat-in-electronic-trading-2012-04-03?link=MW_Nav_MA #in #tcot

U.S. stocks close with modest decline after Fed - - Markets need to get over Fed intervention AND themselves http://www.marketwatch.com/story/us-stocks-close-with-modest-decline-after-fed-2012-04-03-1610390?link=MW_latest_news #in #tcot

Obama’s road runs thru Detroit: Strong March car sales energize re-election bid http://www.marketwatch.com/story/obamas-road-runs-through-detroit-2012-04-03?link=MW_latest_news O: #allgov GOOD! Mitt: #notsomuch #tcot

Treasurys drop after Fed releases minutes http://www.marketwatch.com/story/treasurys-edge-up-ahead-of-fed-minutes-2012-04-03?dist=markets $USD strengthens on Fed minutes:http://www.marketwatch.com/story/us-dollar-extends-losses-in-asia-2012-04-03?dist=markets #in #tcot

Gold falls 2% after Fed dashes #QE hopes [for now: get that Bernanke can activate anytime, NO accountability] http://www.reuters.com/article/2012/04/03/us-markets-precious-idUSTRE82403220120403 #in #tcot

US Auto Sales Fall From February High, Remain Above 14 Million http://www.businessinsider.com/march-auto-sales-2012-4 #in #tcot

MAP OF THE DAY: The Ultimate Look At Unemployment In America: jobless rates for the U.S.'s 3,033 counties http://www.businessinsider.com/map-of-the-day-unemployment-by-county-in-america-2012-4 #in #tcot

Even Boomers Are Getting Pummeled By College Loan Debt http://www.businessinsider.com/even-boomers-are-getting-pummeled-by-college-loan-debt-2012-4 #in #tcot

Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages http://www.bloomberg.com/news/2012-04-03/home-prices-seen-dropping-10-in-u-s-on-foreclosures-mortgages.html Repossessions, Auctions, Mtg Fraud Probe,... #in #tcot

This Church-Sanctioned Technical Indicator Says The Housing Market Will Go Lower - has yet to indicate a Buy http://www.businessinsider.com/coppock-indicator-and-housing-market-2012-4 #in #tcot

Democrats Resort to Magical Thinking on Obamacare http://www.bloomberg.com/news/2012-04-02/democrats-resort-to-magical-thinking-on-obamacare.html #DNC #OFAIL #tcot #GOP

Fed Hikes GDP Forecast, But...: The Dow couldn't keep its three-day ascent going http://www.schaeffersresearch.com/commentary/content/ezines/fed+hikes+gdp+forecast+but/marketrecap.aspx?id=110601 $SPY BAC AZO GRPN URBN #in #tcot

Additional entries:

Fed Reserve's inflation could now be leaking into... http://www.economicpolicyjournal.com/2012/04/now-apartment-rents-are-about-to-soar.html Competition for apartments fierce.. http://www.marketwatch.com/story/how-to-win-the-battle-for-an-apartment-2012-04-02 #in #tcot

Bernanke put still exists-but not at any price: It’s the strike price for action which is in doubt  -- Uh.huh. http://www.marketwatch.com/story/bernanke-put-still-exists-but-not-at-any-price-2012-04-03?link=MW_Nav_MA #in #tcot

Here's the report that started this afternoon's selloff in stocks and gold http://www.thedailycrux.com/Article/39960/Inflation #QE3Prelude #in #tcot

Goldman Undeterred, Sees June As Next QE3 Announcement Window via @zerohedge http://www.zerohedge.com/news/goldman-undeterred-sees-june-next-qe3-announcement-window #in #tcot

Faber: 'Massive Wealth Destruction' Coming, 'Well-to-Do' May Lose Half http://www.moneynews.com/StreetTalk/Faber-Wealth-Destruction-economy/2012/04/02/id/434487 This is AFTER or DURING Odestruction? #tcot #GOP

Stanford’s [not Hahvard's] Lazear: US Suffering Worst Economic Recovery in History-excessive regs, punitive taxes http://www.moneynews.com/Headline/Lazear-Worst-Economic-Recovery/2012/04/03/id/434624 #tcot

Fed Officials Fear Job Gains Could Fade as Talk of More Easing Wanes --Bernanke puzzled? re: growth + unemployment http://www.moneynews.com/Headline/fed-job-gains-us/2012/04/03/id/434698 #tcot

Reinhart and Rogoff: 5 Years After Crisis, No Normal Recovery --effect of financial crises on output, employment, asset- http://www.moneynews.com/StreetTalk/Reinhart-Rogoff-Crisis-Recovery/2012/04/03/id/434690

IMF Dir Lagarde: Global Recovery 'Still Very Fragile' --No austerity for US - budget, free market better avenues http://www.moneynews.com/StreetTalk/imf-global-recovery-fragile/2012/04/03/id/434688 #tcot

IMF Chief Wants 'More Firepower' to Fight Crises --$1.1T bailout 'boost' from 3/30/12 not enough (!) - never is. http://www.moneynews.com/FinanceNews/IMF-firepower-fight-crisis/2012/04/03/id/434681 #tcot

Futures Regulator CFTC Rejects Gambling on Obama's Future: Quashes Options Contract on US Presidency --Ha! http://www.moneynews.com/StreetTalk/Futures-Gambling-Obama-Future/2012/04/03/id/434639 #tcot #GOP

And now, for some econ entertainment: Bobby and his forever rant >>> Reich: Income Inequality Dooms Recovery http://www.moneynews.com/StreetTalk/Reich-Income-Inequality-Recovery/2012/04/03/id/434631 #tcot #GOP

Because the rich get richer, the poor HAVE TO get poorer - Basis of Reichthink on economy, #allgov philosophy and implementation. #tcot #GOP

Reich: Why Inequality is the Real Cause of Our Ongoing Terrible Economy http://robertreich.org/post/9789891366 And why #allgov is NOT the solution. #tcot #GOP