sickofthehype

While Goldman CEO Lloyd Blankfein understands that "people are pissed off" with bankers, he says everybody should be happy: "Companies are looking to grow again and raise money. That's where we come in. The financial system may have led us into the crisis but it will lead us out."

Karma. That's all I have to say.

Market Bulls Are Clearly Exhausted

And you think the last hour of trading is the 'market' and not some other factor huh Lloyd?

Property Values Set to Fall 43% from Current Depressed Levels

The Fed will not stop until asset appreciation is locked in, and huge inflation will take care of this. New housing is virtually non existent and with out million per year household creation at some point the inventory will be sucked up as it's already started to occur in the hardest hit markets.

This article represents clueless to a high degree, and anyone that can connect a few dots realizes that we're past 'the bottom'. Not to mention, imagine trying to capture a 5.00% 30-yr loan 3 years from now. Good luck.

Market: Spooked Today, But Panic Attack Is Likely Temporary

The Fed manipulating the dollar? No, come on..

All I see on here are a bunch of bears screaming we've gone too far on no fundamentals - which I agree with to some degree, so the truth is nobody knows for sure. But one thing we can all agree on is don't fight the Fed.

Temporary dollar strengthening - can't last, won't last.

Macroeconomics tell me use the dollar 'rally' to pick up non dollar based commodities and see you in 5 years from now.

How Much Sidelined Money Remains?

We will look back a year from now and say with confidence that the 'stimulus' money was complete and utter OVERKILL.

We'll be back in the 70's again soon enough. Inflation will hit harder and faster than most anticipate, just like the 'rebound' in the stock market took us all for a surprise.

Could FICO Scoring Scheme Boost Housing Market?

You must not get out much. I've watched inventory in one of the biggest cities in the US get cut by over 50% since March, and I personally know people who are being continually outbid on properties.

No, it's not 2005 again, but your statement is way off..


On Sep 14 10:10 AM Karen Consumer wrote:

> Massaging FICO scores matter not in the housing sector. What matters
> is if they go back to liar loans, which is all I can see them doing,
> because with unemployment at 9.7%(16%), I don't see a whole lot of
> people rushing to buy what continues to drop, even at foreclosed
> prices. Better to wait until mid 2010 before getting all nervous
> about 'new and improved' FICO scores.

Are We Seeing a Bogus Dip?

It's all quite simple actually.

Too many are calling for this sell-off and for this retest of lows in March.

As we all know when you hear the herd preaching, they're always wrong. Higher it is.

Not to say this won't end badly, because it will - but I believe we have a window of opportunity at hand

Money Supply: The Myth of Hyperinflation

Well said and highly accurate. Great post.


On Sep 03 02:48 PM CC_Gold wrote:

> Here we go again with the deflation and inflation babble.
> Here's what you college trained Keynesians don't realize.....
> Consumer price inflation or deflation is a direct result of the printing
> press and asset inflation or deflation is a direct result of credit
> contraction or expansion. When consumer prices are inflating and
> asset prices are deflating, you have disinflation. The FED is leveraging
> monetary inflation against asset deflation to reinflate the asset
> bubble. They are attempting to do this by using a zero interest rate
> policy, removing "toxic" assets from the lenders, and liquifying
> the banks with cheap money. This plan is not obviously working. That's
> why you still see deflation in asset prices and rising consumer prices.
> The best way to reinflate the asset bubble is to give consumers the
> money instead of the banks. The banks are at the bottom of the funnel
> not the top. They are like the drain in a sink and the consumer is
> the water. If the water dries up, the drain is sucking air.

U.S. Dollar Expected to Stand Tall Once Again

Ok, good luck betting on it. Devaluation coming soon..

I'm Slowly Rebuilding My Chinese Position

I'm not.

U.S. Dollar: Can the Fed Pull a Rabbit Out of Its Hat?

No

The Big Guns Bet Big on This Market Trend

They didn't print money and couldn't as they were tied to the gold standard, so in reality the comparison is apples to watermelons


On Aug 24 03:25 PM Michael Clark wrote:

> The American government through everything it had against deflation
> in the 1930's. Deflation won. Real deflation always wins; until it
> doesn't. Inflation will be roundly defeated 2010-2019. Then it will
> begin to regain strength again, bit by bit, until 2028, when expansion
> will begin again, for both good and bad.

Exiting Home Sales Surge

Might want to try spell check on your article titles. Nice job ed..

Property Values - Eight Key Charts

Wrong. And even more wrong to speculate on social behavior 'decades' from now.


On Aug 19 06:23 AM manya05 wrote:

> Thank you for a very nice article. You ponder what the consequences
> will be of going into unchartered waters with so much negative equity.
> My feeling is that homeowners walking away will not be the problem.
> As usual, the major consequence is not always obvious. In this case,
> it will mean a drastic reduction in mobility. People will stay in
> their homes, and do whatever they can to get a job in the same city
> they live in so they do not have to move and sell. If the problem
> persists for many years (decades?), we may get into multi-generational
> mobility problems, as is the case in Europe. Children will graduate
> from college and not assume the whole country is their job market
> because the parents have an empty house to unload, and they will
> choose to stay in the same city where they grew up rather than start
> anew somewhere else. This reduction in mobility and mixing, in the
> long-term, is not good for business (and will slow the recovery),
> and is not good culturally for us as a Nation either.

Oil as a Deflationary Investment

The last thing anyone will be worrying about in the near future is anything deflationary. Moreover, what strikes me is how everyone and their brother is claiming we're 'due for a pullback' or in store for a huge drop in the market.