August 4, 2008

American Airlines Severs Nose. Declares Self "Cold Free"!

Missed this news Friday, and so will react now to a note from American Airlines that it has decided to no longer feed its fares through aggregators Kayak and Sidestep. Here is message: As a valued customer who has booked...

Mapping U.S. Home Discounts

Here is a map of all U.S. cities where homes sell at a discount to construction cost. It's an interesting swath of the country. View Larger Map...

Losing Money on Every Home Sale, etc.

I was leafing through a recent NBER paper today when I came across a table comparing housing construction costs versus average sale prices in various U.S. cities. As you might imagine, there are huge premiums in most cities, but there...

Oil vs. the S&P 500: Correlation Breakdown?

This year the major U.S. markets have been driven largely by what has happened in oil markets. Higher oil means lower stocks, and vice-versa. Right? Well, here is a graph of the correlation between oil futures and the S&P 500...