An ECB move up, would indicate : A parting of ways between the Central Banks! Major disruption in all markets!
No matter what stocks you hold get out!
Despite the "angst" to come if its done, they have to do it.... raise rates that is. They (Europe) have had experience with inflation and the effects it has.
Lots of potential for a lot of pain in the future.
A lot of people forget that if oil and gas reserves are in our sphere of influence (in the ground or in the Gulf of Mexico) and has not been taped it becomes as secure as you can find and much less subject to an outside attack. Yes it will take 5 years to get it on line and but then it is still there and will be able to be developed at a time that will be most important.
Remember "OPM" = other peoples money.... now it will always be better and cheaper to use "OPO" other peoples oil.
What Happens When Builders Fail [Housing Tracker] [View article]
Anyone who would think of going into this RE market would indeed be mad. Best to let the dust settle first. There will be plenty of time to and choice out there over the next two years at least! For quite a while to come it is going to be a buyers "hard ball" market. The banks, the Govt and the Fed have the short end of the stick now and they would love to dump what is in the pipeline onto someone else ... prices will come down MUCH More. Don't fall for it. Better to buy in a riseing market that trying to "catch a falling knife". Buyer Beware
Fed Funds Futures Predicting Strong Chance of September Rate Hike [View article]
Yes raise rates. Why is that we always wait untill it is too late to take our medicine.... It is always more difficult to swallow. The futures are telling us that we need to do it.... If we do not.... its more than the Fed that we will need to put the peices back together.
Time to Bite The Bullit Ben.
It will be a rough hard ride, with lots of pain for all .
Homebuilders Likely Have Further to Fall [View article]
The truth at last. Folks this is someone that is telling it like it should be said. The banks and their shareholders should take a hit here! Not the Tax Payer. Stay away from Real Estate for about a year and a half... it is not going to be healthy for people to do otherwise.
Markets Haven't Yet Properly Digested the Bad News [View article]
Indeed a generation of folks that will ask themselves do I buy or rent? Lots of them will ask themselves can I even live without even "one bird in hand".
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Latest | Highest ratedThe Week Ahead: More Bad News? [View article]
A parting of ways between the Central Banks!
Major disruption in all markets!
No matter what stocks you hold get out!
Despite the "angst" to come if its done, they have to do it.... raise rates that is.
They (Europe) have had experience with inflation and the effects it has.
Lots of potential for a lot of pain in the future.
Pay Attention to Oil Decline Rates [View article]
Yes it will take 5 years to get it on line and but then it is still there and will be able to be developed at a time that will be most important.
Remember "OPM" = other peoples money.... now it will always be better and cheaper to use "OPO" other peoples oil.
What Happens When Builders Fail [Housing Tracker] [View article]
For quite a while to come it is going to be a buyers "hard ball" market. The banks, the Govt and the Fed have the short end of the stick now and they would love to dump what is in the pipeline onto someone else ... prices will come down MUCH More.
Don't fall for it.
Better to buy in a riseing market that trying to "catch a falling knife". Buyer Beware
Fed Funds Futures Predicting Strong Chance of September Rate Hike [View article]
Why is that we always wait untill it is too late to take our medicine.... It is always more difficult to swallow.
The futures are telling us that we need to do it.... If we do not.... its more than the Fed that we will need to put the peices back together.
Time to Bite The Bullit Ben.
It will be a rough hard ride, with lots of pain for all .
Desperate Homebuilders Bringing Back Bubble-Era Financing - Housing Tracker [View article]
"buyer beware". There is more "gut wrenching" to go through.
The Case for AIG - Patience Required [View article]
20 looks more likely every day or say... every minute
Homebuilders Likely Have Further to Fall [View article]
Stay away from Real Estate for about a year and a half... it is not going to be healthy for people to do otherwise.
Markets Haven't Yet Properly Digested the Bad News [View article]
Will the Banks Rebound? Cramer's Mad Money (5/30/08) [View article]
Housing Affordability Proves Elusive [View article]