"It's an absolute frenzy to buy finished lots or platted lots, the busiest my company's ever been," says the head of a Phoenix land brokerage firm. The homebuilders have obviously had a big year. How might landowners and real estate developers fare in this environment? The St. Joe (JOE), Limoneira (LMNR), Tejon Ranch (TRC), and AMREP (AXR) come to mind. Any others? [View news story]
Same thing happening in California, things are moving faster than anyone could have expected.
President Obama has reportedly rejected an offer from John Boehner to increase taxes for those earning over $1M a year in exchange for major cuts in entitlement programs. It's a major concession by the Republicans in the protracted talks over a deal to avert the fiscal cliff, but Obama wants to raise taxes on those earning over $250K, while Democrats oppose key GOP proposals for reducing entitlements. [View news story]
Keep ranting all you want. The majority of Americans want EPA, they like fresh air and water.
Let me add this: Food stamps benefits are on average $140 per recipient. That is not living the high life anyway you want to look it.
Why don't the GOP cuts the welfare we give to the defense companies in the hundred of billions??
President Obama has reportedly rejected an offer from John Boehner to increase taxes for those earning over $1M a year in exchange for major cuts in entitlement programs. It's a major concession by the Republicans in the protracted talks over a deal to avert the fiscal cliff, but Obama wants to raise taxes on those earning over $250K, while Democrats oppose key GOP proposals for reducing entitlements. [View news story]
"HoldAndBuyInvestor".
Obama didn't created EPA. The EPA doesn't cost 600B a year.
I know facts are just too hard to grasp for beings like you. You can't believe everything Rush limbaugh says.
Last night's sale of AIG stock by the Treasury was oversubscribed says Bernstein, as "long-term investors took advantage of one last chance to buy the stock at a discount from the government." With no remaining overhang and many underweight the name, AIG is finally ready to break out of its $25-$35 range. Shares +1.8% premarket to $33.96, well above the Treasury's $32.50 sale price. [View news story]
The government intervened because Bush didn't wanted his cronies to lose money. That's what happens when zealots are in control.
AIG should have been left alone.
At least Obama gave us a profit, Bush only created wars and deficit spending.
More on the plunge (worst since 1986) in the NFIB small business index: "Something bad happened in November ... and it wasn't Hurricane Sandy," says the NFIB's Bill Dunkelberg. A "stunning number" of owners expect conditions to worsen over the next 6 months." Note: The NFIB excluded responses from those in Sandy-affected states from the final tally. [View news story]
October Consumer Credit: Up $14.2B, vs. an expected +$12B. It's the third strong gain in a row. Nonrevolving debt (like personal loans and auto loans) led the increase again, up $10.8B, while revolving debt (credit cards) rose $3.4B to reverse course from September. [View news story]
Consumer credit going up is good. Only zealots with intellectual problems believe otherwise. Demand is increasing, bodes well for the US.
More on Nonfarm payrolls: The guts aren't as pretty as the headline. Revisions downward to the Sept. and Oct. numbers total 49K, about equal to the 53K beat. The improvement in the unemployment rate comes as the labor force participation rate falls to 63.6% from 63.8. The employment-population ratio falls to 58.7% from 58.8%. The average workweek is flat at 34.4 hours. [View news story]
Overall a good report. The trend is clear, the economy is growing.
The "fiscal cliff" is what is driving stocks down right now, says Wharton's Jeremy Siegel. Any sort of deal, even one that extends tax rates slightly higher than they are now, is easily going to buy you 500 to 1000 points on the Dow. (Video) [View news story]
At least is a refreshing point of view. The incessant doom views from guys like Roubini, Schiff, Rosenberg are just getting to the point that I feel sorry for them. You know....being wrong for three consecutive years....
I'm still waiting for the hyperinflation....just a matter of time...right??
Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
Republicans want to cut the deficit and they are not accepting tax hikes for the rich.
What should we do? Do we cut aid to people that have been injured in tragic accidents? Do we cut aid to unemployed people? Do we cut social security...which a lot of seniors depend on?
Or we raise taxes to those who can muster such a hit like the wealthy?
"It's an absolute frenzy to buy finished lots or platted lots, the busiest my company's ever been," says the head of a Phoenix land brokerage firm. The homebuilders have obviously had a big year. How might landowners and real estate developers fare in this environment? The St. Joe (JOE), Limoneira (LMNR), Tejon Ranch (TRC), and AMREP (AXR) come to mind. Any others? [View news story]
President Obama has reportedly rejected an offer from John Boehner to increase taxes for those earning over $1M a year in exchange for major cuts in entitlement programs. It's a major concession by the Republicans in the protracted talks over a deal to avert the fiscal cliff, but Obama wants to raise taxes on those earning over $250K, while Democrats oppose key GOP proposals for reducing entitlements. [View news story]
Let me add this: Food stamps benefits are on average $140 per recipient. That is not living the high life anyway you want to look it.
Why don't the GOP cuts the welfare we give to the defense companies in the hundred of billions??
Why is always with the welfare for poor people?
What about the corporate welfare?
President Obama has reportedly rejected an offer from John Boehner to increase taxes for those earning over $1M a year in exchange for major cuts in entitlement programs. It's a major concession by the Republicans in the protracted talks over a deal to avert the fiscal cliff, but Obama wants to raise taxes on those earning over $250K, while Democrats oppose key GOP proposals for reducing entitlements. [View news story]
Obama didn't created EPA. The EPA doesn't cost 600B a year.
I know facts are just too hard to grasp for beings like you. You can't believe everything Rush limbaugh says.
Pickup Trucks Driving Ford And General Motors Ahead [View article]
Pickup Trucks Driving Ford And General Motors Ahead [View article]
The turnaround of the big 3 has been amazing.
Interview With Brian Rehling: 2013 GDP Growth 2.5%, 3.5% Without Fiscal Cliff Issues [View article]
The two biggest economic recessions in our history...both under the GOP.
Now we have Boehner, a guy that doesn't want to compromise on anything. He only wants Obama to fail because of politics. What a shame!
History shows us that when the GOP holds power it all falls apart. The Fiscal Cliff would come.
Last night's sale of AIG stock by the Treasury was oversubscribed says Bernstein, as "long-term investors took advantage of one last chance to buy the stock at a discount from the government." With no remaining overhang and many underweight the name, AIG is finally ready to break out of its $25-$35 range. Shares +1.8% premarket to $33.96, well above the Treasury's $32.50 sale price. [View news story]
AIG should have been left alone.
At least Obama gave us a profit, Bush only created wars and deficit spending.
More on the plunge (worst since 1986) in the NFIB small business index: "Something bad happened in November ... and it wasn't Hurricane Sandy," says the NFIB's Bill Dunkelberg. A "stunning number" of owners expect conditions to worsen over the next 6 months." Note: The NFIB excluded responses from those in Sandy-affected states from the final tally. [View news story]
You should get real.
October Consumer Credit: Up $14.2B, vs. an expected +$12B. It's the third strong gain in a row. Nonrevolving debt (like personal loans and auto loans) led the increase again, up $10.8B, while revolving debt (credit cards) rose $3.4B to reverse course from September. [View news story]
More on Nonfarm payrolls: The guts aren't as pretty as the headline. Revisions downward to the Sept. and Oct. numbers total 49K, about equal to the 53K beat. The improvement in the unemployment rate comes as the labor force participation rate falls to 63.6% from 63.8. The employment-population ratio falls to 58.7% from 58.8%. The average workweek is flat at 34.4 hours. [View news story]
The "fiscal cliff" is what is driving stocks down right now, says Wharton's Jeremy Siegel. Any sort of deal, even one that extends tax rates slightly higher than they are now, is easily going to buy you 500 to 1000 points on the Dow. (Video) [View news story]
I'm still waiting for the hyperinflation....just a matter of time...right??
Initial Jobless Claims: +78K to 439K vs. 376K consensus, 361K prior (revised). Continuing claims +171K to 3.33M. [View news story]
Thanks.
Initial Jobless Claims: +78K to 439K vs. 376K consensus, 361K prior (revised). Continuing claims +171K to 3.33M. [View news story]
Initial Jobless Claims: +78K to 439K vs. 376K consensus, 361K prior (revised). Continuing claims +171K to 3.33M. [View news story]
All Econ data pointing to stronger growth ahead.
Fox, CBS, NBC call the presidential race for incumbent Barack Obama after multiple networks call Ohio for the president. Updated: S&P e-Mini futures look priced in: -0.47%; The dollar -0.47% against euro, -0.41% against Swiss franc. Updated 11:38 p.m: AP calls the race for Obama. S&P futures -0.58%; the dollar -0.41% against euro; -0.2% against pound; -0.39% against Swiss franc. [View news story]
What should we do? Do we cut aid to people that have been injured in tragic accidents? Do we cut aid to unemployed people? Do we cut social security...which a lot of seniors depend on?
Or we raise taxes to those who can muster such a hit like the wealthy?