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JP Morgan clients see the Fed Twisting rather than QE'ing; but the real surprise is how many see nothing happening.

MBA: Commercial, Multi-Family Delinquencies Fell (with the exception of CMBS) in First Quarter of 2012.

The widening WTI-Brent Spread puts pressure on US gasoline prices.

Federal support is no longer making up for shortfalls in State and Local Government tax receipts.

US Powder Basin Coal is the cheapest source of energy known to mankind today.

The Twist has had no impact on commodity prices.

HARP 2.0 is the real reason for the improvement in the US Housing market.

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