I would challenge those who fantasize about a consumer-led recovery to describe where the spending money will come from.
March 3rd, 2010 | Peter Schiff | 16 comments | ContinuedAll Posts Tagged With: "housing prices"
Statistical Models Can’t Predict the Future
But we do know that financial markets are getting more volatile in recent years, not less. Is it globalization? Is it the digitalization of trading data and continuous, algorithmic trading models? Does the pursuit of an informational advantage (or the belief that one is possible) drive people to trade more?
March 2nd, 2010 | Dan Denning | 6 comments | Continued
Government Spending Makes People Poorer
In their view, government spending is actually BETTER than private spending. Why? Because it produces nothing of value. Really; we’re not making this up.
January 28th, 2010 | Bill Bonner | 3 comments | Continued
Hidden Inventory of Unsold Houses Will Depress Housing Prices
“Dad, I’ve got a good tenant in there. Besides, it’s not in very good shape. I’d rather sell it than invest more money in it. And there are so many places on the market, I can rent something better…
November 11th, 2009 | Bill Bonner | 0 comments | Continued
Consumer Economy Not Going to Return to Robust Growth Anytime Soon
Mortgage lenders say they expect the peak in foreclosures to come about a year from now. As for the bottom of price declines, you can expect that in 2013 or beyond.
October 15th, 2009 | Bill Bonner | 1 comment | Continued
Feds Have Used the Correction to Increase Their Power and Add to Their Wealth
Noooo… We’re talking about a worthy correction…a real correction…a noble and distinguished correction…a correction that can hold its head up in public.
October 14th, 2009 | Bill Bonner | 0 comments | Continued
Does This Mean You Should Sell Your Gold?
Even in the Great Depression gold and gold mining stocks rose in price. And the one and only sure thing is that the world monetary system is dangerously unstable. We’d hold gold until it settles down.
August 14th, 2009 | Bill Bonner | 11 comments | Continued
The Rule of 72 vs. Housing
Australian house prices will go up an average of 20% over the next three years. We’re not making that up…
June 16th, 2009 | Dan Denning | 36 comments | Continued
A Long Time Before Investors Will Gamble on Housing Debt
USA Today opens with a cover story on “the new homeless.” There’s a photo of a 53-year-old man sitting in his tent. It’s a “temporary situation,” he says. But the tent city in Pinellas County, Florida, may be home for longer than he expects.
May 7th, 2009 | Bill Bonner | 0 comments | Continued
China Makes Recession Recovery
As predicted, the world markets are enjoying a bounce. People who had no idea there was anything wrong with the world financial system two years ago, now say the problem has been fixed.
Who fixed it? The people who had no idea what was wrong with it, of course.
May 6th, 2009 | Bill Bonner | 2 comments | Continued