Here's the reality
With all this talk about a housing recovery, it is logical to consider many of these people who want to get away from the housing boat anchor will LIST THEIR HOME, when MORE supply comes onto market than demand, what happens to price?
AT least 50% of homes sold are still foreclosed homes.....we have a LONG WAY to go.
In the meantime, we have inflationary pressures, we have a FED who started just 5 years ago with $800B and now has around $3 TRILLION in holdings....almost none of it is LIQUID. DO the math
D
6 comments:
That's right, I am on record, and so are you. Broken record, but on record.
Tuesday, July 10, 2012
PURE GENIUS
http://finance.yahoo.com/news/biggest-danger-now-not-being-074252794.html
"Not being invested in equities right now is one of the "most dangerous" things to do, according to Jack Bouroudjian, CEO of Bull and Bear Partners, who believes U.S. companies will beat Wall Street's estimates for second-quarter earnings.
Corporate America is "richer than ever before" and consumers have more disposable cash because of recent lower oil prices, Bouroudjian told CNBC on Tuesday, adding that the extra cash will boost earnings and bode well for stocks in the next few years. "
Mark it down, he's on record......certainly stocks are not over valued? but certainly in bonds you get NO yield..it's fixed
I am short the housing sector. Great post.
jay
That high on the chart shows just how overvalued housing was at the peak. Waay overvalued. Back down to reality.
I'm short the housing sector too. Great call.
Who the F would add their mug shot if they looked like that?
You hear , like today....housing prices rose 9% yr over year...while that is good..just saying that is very deceiving.. prices are WELL off their highs...I guess improvement is better than alternative.
I agree ALL sectors are getting ripe, but guys BE CAREFUL...they DO NOT CARE WHAT BUBBLE they are now creating as it wa better than what we had......the NEXT ONE when it pops will be a real muther fker
The mug shot comment, you guys know that was the old dude I was talking about Jack B? haaa
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