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    Possibility of a Greek default in next week

    There is a good possibility that Greece will default in the next week. In fact possibly Monday. Note that this is still highly speculative and there is no hard evidence for it. However, if I hadn't sold my stocks back in April I would be getting out. That's just me though. The danger sign...
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    ABS says house prices have fallen

    Yes, I am sure there will be a bit of a "What? That's not what the media says!" That's because the media only talks about the preliminary results. The preliminary results get revised twice as more concrete data comes in. Actually the size and sign of the revisions provide useful...
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