PIMCO's Bill Gross: Consumers Changed for a Generation [View article]
Bill Gross gets it. We are going back to a more realistic economy, something that will take years if not decades to right. ie. Japan. The only weapon available to teh US government, and Corporate america is lower interest rate. With the race to Zero almost finished and the consumer tapped out, don't expect job growth or income growth for at least a generation. Bill Gross is right to think bonds are the future, they have been the right place to be in the past. In fact bonds have out perform stocks over the past 1, 5 10, 20, 30 and 40 years !! If you had bought a high quality bond fund 10 years ago you would have 4 times more today than someone who invested in stock. America is a debtor nation- Not a place for growth. If you seek long term growth see EEM
Mortgage Bankers Association's More Realistic Forecast… Maybe. [View article]
Excellent report. It's about time that the financial markets grow up and face the music-- realestate is an unproductive use of capital. I fact higher realestate prices and like higher oil prices and become a tax on individuals and corporations. If the US was truly a free market, which it is Not, we would stop all of the wasteful tax incentives and let the realestate prices seek their true level--- much lower. Then and only then will money flow to more producive investments like research and manufaturing.... or just buy China.
Real-estate based ecomonies are a map for Disaster. It would be very healthy for the US if we can stop all of these communistic, tax plans and let real estate drop to it's true value... than maybe we will focus on the real problems. You know- like making stuff and jobs.
There are no investors- only traders. Earning went out the window in the late 1990. Remember,dot com numbers like ratio to sales, clicks.... this is truly a speculative, momentum market. Go long, go short, but just ride the trends. Like the once great American corporation, earning, balance sheets and stress test are all just outsourced numbers. We are rapidly replacing the US middle class with the new government class (yes, started by a republican- Bush). Over the past 9 years only the State and Federal payrolls have increased. The TSA has added over 100,000 federal jobs while food stamps and WICk programs have tripled. In April, we hired an additional 70,000 new cencus workers- any wonder why the unemployment #'s decreased. At least America has found something it good at.- Financial Engineering and Growing government.
Morgan Stanley Finding Alternative Methods to Circumvent Treasury Oversight [View article]
Great reporting.
The facts are clear. stop the use of public money to private corporations- they don't play by the rules. we are all better off letting the losers fail and giving new investors the opporunity to prosper. We have become Japan-- just protect the status Que. Buy New ideas--Buy China
Commercial Real Estate: The Outlook Is Frightening [View article]
All you have to do is Google Elizabeth Warren, the new oversite director of Tarp and Prof of Harvard Law. She was correct in recognizing that America's obsession with real-estate has been it undoing. Fact is real-estate has broken the back of millions of small business owner and middle class home owners. The USSA, yes the United Socialist State of America, must stop subsidizing industries that only result in unsustainable market bubbles. I can only hope that the next generation will truly believe in what made this country great- Capitalism. We must stop the tax breaks and government manipulations and let the unproductive industries- like real-estate drop to their natural state, allowing real people and business to survive and prosper.
Well does it really matter? When the PE was 40 and Book was 5 times.. Cramer and the clowns n CNBC said buy.. Today they're not sure? Either way the table at the NYSE Casino will re-open at 9:30 am. Now really, is anyone truly an investor in US stocks?
The Fed looks suspiciously like the shaky banks it's rescuing, Jim Jubak says. "Anyone who has seen this crisis take down what were once assumed to be rock-solid financial institutions, capable of surviving any crisis, has to ask whether the Federal Reserve really is too big to fail." [View news story]
Short the fed.. England and the US have become the new 3rd worlds. Investors would be crazy to hold assets in a dead economy. See Italy / Spain/ France.
Yet anouther Socialist... US Government- professor like comment. Just go ahead and message those number and keep telling yourself that this is a good enonomy and yes you too can get a job like George Bush. Idiots all of you.
Growth in World Per-Capita Real GDP to Continue [View article]
What are you smoking?? We will be lucky to go back to a flat line economy. I have traveled the world over three times in the last 5 years and continue to hold hope on the china econ. However, the rest of the world will simply rot. India and Latin America are dysfunctional democracies, US is still living in a Disney like economy (they still believe the dollar has some value, and Russia's oil bubble has popped (can you say Iceland.)
With all respect... Dr. Perry, How long have you been working for the Bush administration?? Please step outside the office and take a walk with some of the real people. Like 20% of the Europeans that are seeking employment. We built and artificial economy based on a false belief that assets can substitute for manufacturing. Now that the real estate mark has returned to normal, we now must return to true growth not financially engineered growth. Aisa is the only market prepard to take the next step.
Simple fact. realestate is OVERPRICED. See Case Shiller, or Eliziabeth Warren of Harvard, the end of the US middle class. In 2005 US home prices, and mostly in the top 7 markets, were grossly overvalued (77% overpriced). Me must let the free forces of capitalizim work. Artificial supports are no better than fake loans. Low real estate prices are good for the country. We simply spend too much $$$ on non productive items like rent and interest. This is the only way US businesses will be able to compete and our children will be able to buy a home of their own without a wealthy parent. I own several homes and share the pain, a pain we all must endure.
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Latest | Highest ratedApple Dropped the Ball on an NFL Deal [View article]
Peter Schiff vs. the Fed [View article]
PIMCO's Bill Gross: Consumers Changed for a Generation [View article]
Mortgage Bankers Association's More Realistic Forecast… Maybe. [View article]
Housing Chart of the Day [View article]
Earnings Beat Rate Sticking at 62% [View article]
Morgan Stanley Finding Alternative Methods to Circumvent Treasury Oversight [View article]
The facts are clear. stop the use of public money to private corporations- they don't play by the rules. we are all better off letting the losers fail and giving new investors the opporunity to prosper. We have become Japan-- just protect the status Que. Buy New ideas--Buy China
Commercial Real Estate: The Outlook Is Frightening [View article]
Stewart vs. Cramer: A Cheap Shot [View article]
What Is the S&P 500's Real P/E? [View article]
The Fed looks suspiciously like the shaky banks it's rescuing, Jim Jubak says. "Anyone who has seen this crisis take down what were once assumed to be rock-solid financial institutions, capable of surviving any crisis, has to ask whether the Federal Reserve really is too big to fail." [View news story]
Unemployment Claims Drop by 20% [View article]
Jobless Claims, Transportation Numbers: Signs of an Economic Thaw? [View article]
Growth in World Per-Capita Real GDP to Continue [View article]
We will be lucky to go back to a flat line economy. I have traveled the world over three times in the last 5 years and continue to hold hope on the china econ. However, the rest of the world will simply rot. India and Latin America are dysfunctional democracies, US is still living in a Disney like economy (they still believe the dollar has some value, and Russia's oil bubble has popped (can you say Iceland.)
With all respect... Dr. Perry, How long have you been working for the Bush administration?? Please step outside the office and take a walk with some of the real people. Like 20% of the Europeans that are seeking employment. We built and artificial economy based on a false belief that assets can substitute for manufacturing. Now that the real estate mark has returned to normal, we now must return to true growth not financially engineered growth. Aisa is the only market prepard to take the next step.
Bad News for Housing [View article]
See Case Shiller, or Eliziabeth Warren of Harvard, the end of the US middle class. In 2005 US home prices, and mostly in the top 7 markets, were grossly overvalued (77% overpriced). Me must let the free forces of capitalizim work. Artificial supports are no better than fake loans.
Low real estate prices are good for the country. We simply spend too much $$$ on non productive items like rent and interest. This is the only way US businesses will be able to compete and our children will be able to buy a home of their own without a wealthy parent. I own several homes and share the pain, a pain we all must endure.