The Coming Crash of 2008: A Result of Overleveraging [View article]
This what is known as simple minded linear projection. Do you have a real job or is this how you inflict yourself on people? I've been an investor for over 35 years and watch the investment markets very closely..and I have no clue about a yer from now..or even 6 mos. from now. One thing is certain..every wanna be financial futuist now has a band wagon to jump on...and very few of them were riding on it when it counted.
U.S. Mortgaging Its Future for Sovereign Fund Investments [View article]
When Great Britain was (and still is) the largest investor and purchaser of US companies and their stock I never heard a peep. This is alarmist garbage and rests on a foundation of equal credibility. Mr. Sterling doesn't know whether these SWFs are extending their "power" (whatever that is) or simply diversifying into a market they saw some huge bargains in...something a few contributors onthis blog were in a fog about..... This ranks up there with Krassimir Petrov's Iranian Oil Bourse nonsense..and Bob Moriarty's (of the 321 Gold shill blog) shameful slamming of American foreign policy on a page that was supposed to be something else. Get a life..or at least some integrity.
Housing Bubble and Real Estate Market Tracker [View article]
Judy..Once again a very informative summary. The housing "bubble" is, of course, much more insidious than most realize. The three biggest liars on God's earth are real estate agents, bankers...and home builders. Their losses are far greater than anyone thinks...even the percentages homebuilders use..% sales..are almost too misleading to think about. In any case...this is not going away..it is NOT a passing mood like the downturns previously..this is what is known as a strategic dislocation..NOTHING WILL EVER BE THE SAME.
Mark-to-Model on Wall Street: The Numbers [View article]
Felix...What is "mark to model?" Why would you assume that anyone would know that? Make your case..but make sure everyone knows what you are talking about! Also..what do you mean by mid to long term??? Better get it together or no one will read you stuff.
Housing Bubble and Real Estate Market Tracker [View article]
Nice synopsis of the mess...If Mr. Mazilo didn't see this coming he must have had his head up his butt 24/7. People with NO money buying quarter million dollar homes and UP...People taking equity loans out of property based on incredibly suspicious appraisals...The anecdotal evidence..that is, what's really taking place outside in the sunshine....was overwhelming. My take is that the only reason median home prices haven't plummeted monthly is that many who might sell aren't even going to market their homes. It's a waste of time.
Housing Bubble and Real Estate Market Tracker [View article]
Judy..Interesting compilation...I think, sometimes, that these kinds of reliable bits and pieces of anecdotal evidence are very useful in understanding a market..there's no doubt they are investing gold mines in the natural resource area....
The Coming Crash of 2008: A Result of Overleveraging [View article]
U.S. Mortgaging Its Future for Sovereign Fund Investments [View article]
This ranks up there with Krassimir Petrov's Iranian Oil Bourse nonsense..and Bob Moriarty's (of the 321 Gold shill blog) shameful slamming of American foreign policy on a page that was supposed to be something else. Get a life..or at least some integrity.
Housing Bubble and Real Estate Market Tracker [View article]
Mark-to-Model on Wall Street: The Numbers [View article]
Also..what do you mean by mid to long term??? Better get it together or no one will read you stuff.
Housing Bubble and Real Estate Market Tracker [View article]
Housing Bubble and Real Estate Market Tracker [View article]