Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
So your analysis of the national housing markets future is based on the 5 examples you provided, really? I dont know what part of the world you live in but in many metropolitan areas housing has bottomed and in many more prices have started to rebound. Thats not to say its all great, or every seller will be made whole or get what they thought they would have before the crash but for the most part the industry is on the mend.
Your theory that the housing market will crash because millions will sell as soon as they are able to is absurd and is not based on any empirical evidence.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Worn, explain the logic behind your statement "When prices do once again rise with inflation these homes will go on the market. Pop goes the bubble."
Why would owners who have recovered their equity sell in mass. millions, yes millions.
You are clearly saying that home ownership is akin to owning stock and will act in the same manner where those who bought high would sell if the price would come back and approach close to break even for them. Apples to Oranges
Equity flows into domestic stock funds trickled to near-zero last week, far from the $3B-$8B range seen during January. World equity funds, however, continued to see large flows, $5.1B last week. BlackRock nixes the "great rotation" idea, noting large stock fund inflows are coming out of cash balances, not bond funds. [View news story]
so according to Black rock we have time before bond funds are tapped into which bodes well for the market, seems like it could be a long slow road to redemption, still early in the game.
Why Does Facebook Trade At A 50% Discount To Its High Growth Peers? [View article]
Im confused; You said " So, even with analyst's current estimates, why has Facebook trailed its peers so significantly in valuation? It is simple supply and demand without a catalyst."
No Catalyst, isnt that a real big items which was not sufficiently addressed in this piece.
Then you say "Facebook should now be free to trade in line with its peer group valuation - one way or another. While I have a hard time justifying the peer group valuation numbers"
So you dont believe in the numbers but you still believe FB can double.
Then you conclude by sayiung " Its share price has been held back by too much supply from its series of IPO lockup releases combined with a lack of understanding of its plan for mobile monetization."
Has anything really changed as it relates to the market concerns about FB.
They have the size but not yet the strength needed to dominate the space, can they change that, sure, will they be able to is anybodies guess, IMO its not about peers, or lock up its all about whether they can they deliver or, its thats simple, they first need to break through 33 to convince the market they have there act together, so far they have run into problems with that, still to many holders in the red selling as they try to get out even
The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
"The fun part is every time we stop to charge the car we always end up talking about the car with admirers and the time flies by. "
yes nothing like talking with admirers every 200 miles about the fun time owning no driving no sorry charging your Model S, yes its sounds wonderfully time consuming
The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
In a world were you get into your car, turn the key and drive this $100K car is a pipe dream wrapped in a package of unreliability, but requiring 1 hr to charge up every 200 miles or less is a serial killer for 99% of its potential market.
The U.S. Postal Service will cut mail service for Saturdays beginning in August in order to save close to $2B annually. The development could provide a minor benefit to FedEx (FDX) and UPS (UPS). [View news story]
yes USPS was the excuse, the reason was unions and the Democratic party saw no reason to ever complain because they were using other peoples money (tax payer) to run it so poorly.
More on McGraw-Hill (MHP -14.5%): The expected suit follows the breakdown in talks between S&P and the DOJ over the rating agency's AAA ratings on 30 CDOs in early 2007. The DOJ had reportedly sought "10 figures plus" and an admission of guilt. S&P: "(We) deeply regret that our CDO ratings failed to fully anticipate the rapidly deteriorating condition in the U.S. mortgage market ... a DOJ lawsuit would be entirely without factual or legal merit." Moody's (MCO -8%). [View news story]
Moodys is safe because W Buffet owns a big position, Obama wouldnt want to cause his buddy any problems, if they want an admission of guilt from S&P then about about the admission from W Buffet back in june 2010 that he was wrong but so was everybody else
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Yes Congress does, but my statement was not about who passes what, it was about how people and or businesses who utilize the same tax code in the same manner are treated and perceived so differently by this Admin. One is a hero the other the devil evil rich, that was the point of referencing GE and Buffet who legally use the tax system to their advantage and are heralded as the voice of the poor and disenfranchised while Trump and Exxon Mobil who take the same legal privilege are tarred and featured by this admin for not paying their fair share. How one is perceived is very much determined by whether you are friend or foe of this President and a follower of his ideology
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Tack- One (individual/business) is only required to pay the tax that is due and not one penny more, and whether they do or do not pay is a function of the tax system. I for one have no complaints whether GE pays taxes or not as long as its legal but you have to admit its "rich" that Obama can surround himself with those people and businesses who take full legal advantage of the tax system, paying little or no taxes yet he and his cronies will viciously attack other businesses and individuals who do the same but are not part of his posse. While this is DC business as usual politics IMO under Obama its been taken to a whole new level of WH/Presidential hypocrisy. But even better is that fact that so many cant see what is so very very clear because their guy sits in the white house, as Sargent Shultz of Hogans heros would always say when he saw something he didn't want to see " I SEE NOTHING"
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Worn you said " The "robber barons" have had it pretty good her so far. I read somewhere G.E. paid no taxes in 2009"
Your right GE didnt pay any taxes yet the GE chairman sits at the White House gravy train right next to Obama, such duplicity and corruption yet you still reference those who are frauds.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Worn out- give it a rest, its clear you demand income redistribution you demand the gov. take more from those that have to give to those that have less. OK so lets say you get what you want, no lets say they pay 5% more top line income tax, so what. Your dreaming to think it will do anything to change the course of this country except to quench your and Obamas unending thirst for "pay back"
You go into depth about how to take from those dirty 1% and where to make cuts "defense" but are flippant about how to cut other spending when you said " Other areas of reduction are more complex, yet possible. Any smart 7th grader could reduce spending. Why isn't congress?
The you go on an Blame Congress, why isn't the Senate doing anything to curb spending, why hasn't the dem. controlled Senate passed a budget in 4 yrs when they are required to every year. Why hasn't Obama made any serious attempts at cuts to correct our spending.
You know why? Because the Dem and their Pres. dont want to and they wont on their own and nobody can make them.
Whats really sad is Obama is screwing the middle class and he knows it, cementing the poor into place by enabling them and he is doing it while hobnobbing with the rich, elite and famous that he approves of, just like those leaders we have come to hate it countries like Russia, China and many others.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Polly- no housing is not a spec investment, about 35% of buyers are investors now, probably 75%+ of those buy to rent for income and not flip for Cap gains, so its not as much a spec investment as long investment. Blackrock is putting billions into housing because its a LT investment, to rent and hold until they can sell at the ROR they want when they sell. Builders are buying up all the available land, buy and hold and then to build homes not flip dirt. With builders the land is usually the biggest impediment, so they are buying now not as spec but as LT investment to build on. With low land prices they can build homes at per sq ft prices that people can afford making the bulk of their profits on the land and not the house, guaranteed. So no housing is not a spec investment for the majority of buyers.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Polly banks will lend when it makes sense for them to lend, until then they will prudently sit on their cash waiting until the environment (rates) benefits them more then it benefits consumers as it does now.
Housing is not a spec investment, home ownership costs are less now then they have been in recent past, in most areas owner ship costs less then renting, if you have a job correct. However the rub is now you have to qualify as well afford to get the loan, so sad. But alas so many people are not working or working for lower wages, yet housing is doing just fine, all things considered how do you explain that. I guess the focus should be on those that work and let Obama worry about those that aren't. Our economy runs based on the productive not the non productive. Yet to many are focused on the nonproductive instead of the productive.
The economic numbers coming out are improving, been improving for years in spite of what everybody wants to think and or believe.
You can either embrace the new normal and make money or wait for the end to come. What happened to Europe implosion, Greece, Spain, Italy there not in the news so much anymore, there problems didn't go away so what happened, maybe they all faded into the news sunset because they are all still working, didn't implode yet and so life goes on.
Just like the news of late the run in the market is over because the so called dumb money finally started to invest, absurd, one month of new money will not bring the market to its knees.
Concentrate on what is happening not what might happen because something else might happen instead. J Lennon once said " life is what happens when your busy making other plans"
More on Amazon's (AMZN) Q4: The company swung back from its Q3 loss as North America sales rose 23% Y/Y to $12.175B and International sales gained 21% to reach $9.093B. Growth in the company's Electronics segment outpaced Media segment sales. Free cash flow decreased 81% to $395M for the trailing twelve month period compared to a year ago with real estate outlays factoring in. For Q1, the company sees $15.0B-$16.6B in revenue and expects profit to fall in a range of -$285M to $65M. A conference call is scheduled for 5:00 EST. AMZN changes direction, now +3.2% AH. (PR) [View news story]
I should have added, once the volume leader controls the market he controls pricing and stifles competition through the economy of scale
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Your theory that the housing market will crash because millions will sell as soon as they are able to is absurd and is not based on any empirical evidence.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Why would owners who have recovered their equity sell in mass. millions, yes millions.
You are clearly saying that home ownership is akin to owning stock and will act in the same manner where those who bought high would sell if the price would come back and approach close to break even for them. Apples to Oranges
Equity flows into domestic stock funds trickled to near-zero last week, far from the $3B-$8B range seen during January. World equity funds, however, continued to see large flows, $5.1B last week. BlackRock nixes the "great rotation" idea, noting large stock fund inflows are coming out of cash balances, not bond funds. [View news story]
Why Does Facebook Trade At A 50% Discount To Its High Growth Peers? [View article]
You said " So, even with analyst's current estimates, why has Facebook trailed its peers so significantly in valuation? It is simple supply and demand without a catalyst."
No Catalyst, isnt that a real big items which was not sufficiently addressed in this piece.
Then you say "Facebook should now be free to trade in line with its peer group valuation - one way or another. While I have a hard time justifying the peer group valuation numbers"
So you dont believe in the numbers but you still believe FB can double.
Then you conclude by sayiung " Its share price has been held back by too much supply from its series of IPO lockup releases combined with a lack of understanding of its plan for mobile monetization."
Has anything really changed as it relates to the market concerns about FB.
They have the size but not yet the strength needed to dominate the space, can they change that, sure, will they be able to is anybodies guess, IMO its not about peers, or lock up its all about whether they can they deliver or, its thats simple, they first need to break through 33 to convince the market they have there act together, so far they have run into problems with that, still to many holders in the red selling as they try to get out even
The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
yes nothing like talking with admirers every 200 miles about the fun time owning no driving no sorry charging your Model S, yes its sounds wonderfully time consuming
The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
The U.S. Postal Service will cut mail service for Saturdays beginning in August in order to save close to $2B annually. The development could provide a minor benefit to FedEx (FDX) and UPS (UPS). [View news story]
More on McGraw-Hill (MHP -14.5%): The expected suit follows the breakdown in talks between S&P and the DOJ over the rating agency's AAA ratings on 30 CDOs in early 2007. The DOJ had reportedly sought "10 figures plus" and an admission of guilt. S&P: "(We) deeply regret that our CDO ratings failed to fully anticipate the rapidly deteriorating condition in the U.S. mortgage market ... a DOJ lawsuit would be entirely without factual or legal merit." Moody's (MCO -8%). [View news story]
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Your right GE didnt pay any taxes yet the GE chairman sits at the White House gravy train right next to Obama, such duplicity and corruption yet you still reference those who are frauds.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
You go into depth about how to take from those dirty 1% and where to make cuts "defense" but are flippant about how to cut other spending when you said " Other areas of reduction are more complex, yet possible. Any smart 7th grader could reduce spending. Why isn't congress?
The you go on an Blame Congress, why isn't the Senate doing anything to curb spending, why hasn't the dem. controlled Senate passed a budget in 4 yrs when they are required to every year. Why hasn't Obama made any serious attempts at cuts to correct our spending.
You know why? Because the Dem and their Pres. dont want to and they wont on their own and nobody can make them.
Whats really sad is Obama is screwing the middle class and he knows it, cementing the poor into place by enabling them and he is doing it while hobnobbing with the rich, elite and famous that he approves of, just like those leaders we have come to hate it countries like Russia, China and many others.
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Reality Bites: Economy Begins To Shrink As Fed Goes Broke [View article]
Housing is not a spec investment, home ownership costs are less now then they have been in recent past, in most areas owner ship costs less then renting, if you have a job correct. However the rub is now you have to qualify as well afford to get the loan, so sad. But alas so many people are not working or working for lower wages, yet housing is doing just fine, all things considered how do you explain that. I guess the focus should be on those that work and let Obama worry about those that aren't. Our economy runs based on the productive not the non productive. Yet to many are focused on the nonproductive instead of the productive.
The economic numbers coming out are improving, been improving for years in spite of what everybody wants to think and or believe.
You can either embrace the new normal and make money or wait for the end to come. What happened to Europe implosion, Greece, Spain, Italy there not in the news so much anymore, there problems didn't go away so what happened, maybe they all faded into the news sunset because they are all still working, didn't implode yet and so life goes on.
Just like the news of late the run in the market is over because the so called dumb money finally started to invest, absurd, one month of new money will not bring the market to its knees.
Concentrate on what is happening not what might happen because something else might happen instead. J Lennon once said " life is what happens when your busy making other plans"
More on Amazon's (AMZN) Q4: The company swung back from its Q3 loss as North America sales rose 23% Y/Y to $12.175B and International sales gained 21% to reach $9.093B. Growth in the company's Electronics segment outpaced Media segment sales. Free cash flow decreased 81% to $395M for the trailing twelve month period compared to a year ago with real estate outlays factoring in. For Q1, the company sees $15.0B-$16.6B in revenue and expects profit to fall in a range of -$285M to $65M. A conference call is scheduled for 5:00 EST. AMZN changes direction, now +3.2% AH. (PR) [View news story]