Good thing we passed Obama's stimulus plan, he says it's working very well:

(BTW the Treasury used 8.9% unemployment as it's "worst case scenario" number for all of 2009 in those bank stress tests.  Glad we have experts on the job.)  Paying for this powerful medicine is hammering the bond market, doing great things for mortgage rates:

This is going to be fantastic for real estate, especially since we are about to get a wave of mortgage resets.

Hope everyone locked their rates while the getting was good.

To those of you who are looking at buying a "bargain" house right now, let me just say that catching falling knives is best left to circus performers.

Needless to say, I believe we are at or near a top for the year in the equity markets, soon to punch through the year's low of 666 on the S&P 500.  Just wanted to go on the record with this since everyone is so unbelievably optimistic right now.  Those green shoots are weeds.