Millions of homeowners in distress are getting some unexpected breathing room — lots of it in some places.
In New York State, it would take lenders 62 years at their current pace, the longest time frame in the nation, to repossess the 213,000 houses now in severe default or foreclosure.
Clearing the pipeline in New Jersey, which like New York handles foreclosures through the courts, would take 49 years. In Florida, Massachusetts and Illinois, it would take a decade.
In the 27 states where the courts play no role in foreclosures, the pace is much more brisk. For more on this, see the full article.
Millions of homeowners in distress are getting some unexpected breathing room — lots of it in some places.
In New York State, it would take lenders 62 years at their current pace, the longest time frame in the nation, to repossess the 213,000 houses now in severe default or foreclosure.
Clearing the pipeline in New Jersey, which like New York handles foreclosures through the courts, would take 49 years. In Florida, Massachusetts and Illinois, it would take a decade.
In the 27 states where the courts play no role in foreclosures, the pace is much more brisk. For more on this, see the full article.
An increase in Venture Capital funding is typically a good indicator that more growth is coming.
CB Insights Quarterly Venture Capital Report for Q1 2011 highlights the recent positive momentum. It reports about $7.5B invested across 738 deals. The following chart shows the top states based on deals and dollars.
Top Venture Capital Firms of 2011 Based on Deal Activity
Kleiner Perkins was the most active venture capital firm in Q1 2011 participating in 23 new and follow-on financings in US-based companies followed closely by New Enterprise Associates. It was a busy quarter for many VC firms with 27 firms participating in at least 7 financing deals in the quarter. Note: You can get the entire Q1 2011 63 page report here.
Below is the list of the top dozen most active VC firms in the US.
An increase in Venture Capital funding is typically a good indicator that more growth is coming.
CB Insights Quarterly Venture Capital Report for Q1 2011 highlights the recent positive momentum. It reports about $7.5B invested across 738 deals. The following chart shows the top states based on deals and dollars.
Top Venture Capital Firms of 2011 Based on Deal Activity
Kleiner Perkins was the most active venture capital firm in Q1 2011 participating in 23 new and follow-on financings in US-based companies followed closely by New Enterprise Associates. It was a busy quarter for many VC firms with 27 firms participating in at least 7 financing deals in the quarter. Note: You can get the entire Q1 2011 63 page report here.
Below is the list of the top dozen most active VC firms in the US.
Typically there are a few major inflection points in the year where assets either switch gears and reverse their prior trends or undergo an acceleration of their current trend.
One of the key predictors of these inflection points, over the last few years, has been a reversal of the general trend of the U.S. Dollar.
Consequently, determining whether the Dollar is at a major inflection point may have considerable implications for asset allocation (bonds, stocks, commodities, currencies) and sector allocation (cyclicals, non-cyclicals) strategies.
Here Is Why the Dollar Can Tell You What to Invest In.
Many traders believe that when the Dollar is weak, the following general relationships are seen:
“RISK ON” Trade
Stocks outperform bonds
Investment grade and high yield bonds outperform US Treasuries
When the dollar is strong, you typically see the reverse of the above relationships.
You can see these themes in the data below.
Notice that US stocks (S&P 500), commodities (CRB Index), and emerging market equities (relative to the S&P 500) tend to have an inverse correlation with the Dollar. In the chart above, the USD Index is shown in green (and inverted for directional similarity).
In general, when the USD is rising (falling in chart) commodities and the S&P 500 are weak, and emerging market equities underperform the S&P 500 (2008, early 2010). As stated, the converse is also true (e.g., 2009, late 2010-early 2011).
So, the question is whether you think the Dollar is bottoming?
Typically there are a few major inflection points in the year where assets either switch gears and reverse their prior trends or undergo an acceleration of their current trend.
One of the key predictors of these inflection points, over the last few years, has been a reversal of the general trend of the U.S. Dollar.
Consequently, determining whether the Dollar is at a major inflection point may have considerable implications for asset allocation (bonds, stocks, commodities, currencies) and sector allocation (cyclicals, non-cyclicals) strategies.
Here Is Why the Dollar Can Tell You What to Invest In.
Many traders believe that when the Dollar is weak, the following general relationships are seen:
“RISK ON” Trade
Stocks outperform bonds
Investment grade and high yield bonds outperform US Treasuries
When the dollar is strong, you typically see the reverse of the above relationships.
You can see these themes in the data below.
Notice that US stocks (S&P 500), commodities (CRB Index), and emerging market equities (relative to the S&P 500) tend to have an inverse correlation with the Dollar. In the chart above, the USD Index is shown in green (and inverted for directional similarity).
In general, when the USD is rising (falling in chart) commodities and the S&P 500 are weak, and emerging market equities underperform the S&P 500 (2008, early 2010). As stated, the converse is also true (e.g., 2009, late 2010-early 2011).
So, the question is whether you think the Dollar is bottoming?
