Since the beginning of this blog, we here at Running of the Bulls have spent considerable time detailing the wackiness of the Canadian Housing Bubble, which you can read here, here, here,

From The Wall Street Journal.

The California housing market is showing more signs of stabilization—at least for now—as sales of bank-owned and bargain-basement homes in inland areas partially give way to sales of costlier homes toward the coast, according to a new report.

As Bernanke & Co prime the pump for the next financial disaster, I cannot think of a more damning indictment of the way monetary policy has been run in this country over the past few decades than this graph.  It is the real Fed Funds rate, or the Fed Funds target less CPI.

Last week, from Bespoke

March is often an inflection point for the market.  In eight of the past ten years, the market has turned in March, either up or down.  In only two years this decade - 2006 and 2008 - was there no March reversal of some kind.

Simon Johnson speaks the obvious.

Volume today on the NYSE Composite clocked in at 3.79 billion, lowest of the year.  This follows the lightest volume rally since the rebound began, in the month on trend to register the lightest volume month in nearly two years.