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Most Recent Articles: .. .. Deflation with Inflation: No Recession, but Depression? "06.15.08 .. in order to survive, we will be forced to become a fascist aggressor or a socialist state. With the failure of Iraq, the latter seems more likely..."
.. Oil and war speculation "..the markets have reacted to oil price surges driven solely by speculators, and a preemptive strike possibility that has not even occurred...."
.. Bank of America & Countrywide: A signal of a housing bottom? The lender will once again have the position of strength.... ..
San Diego Commercial San Diego Industrial San Diego Homes San Diego MLS San Diego Real Estate Next for the Economy: The Greatest Bull Run in History? An analysis of the stock market and economy since the Bear Stearns incident in March '08...
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No Recession, but Deflation? The March '08 UCLA economic report so far is 'right on target.... .... Meet the "party animal turned economist!"
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The UCLA Anderson Forecast Highly Recommended! ... Most Recent Articles: .. The Schizophrenic FED Gambit .. Bearish on Housing, Bullish on Stocks ..
Analysis of California Bank Earnings Highly Recommended!
. Q1 2008 Analysis: The Perfect Storm of Economic Downfall Home Page
There are some extreme viewpoints regarding the housing market, and the economy in general. One economic theory is that 2008 will shape up as the "Year of the Power play". The year 2008 will see acquisitions made by Microsoft and Bank of America to consolidate those respective fields. This will predictably result in job loss and a reduction in overall quality of services as the transitions morph into functionality. One could also predict a coming bear market and a continued slump in housing. Therefore, the question arises; "How can anyone have confidence in a long term holding in this investment environment?"
The banking sector is on the fringe of major consumer credit card bubbles, where credit card debt is at all time highs. People are losing control, and have no way out. The mortgage crisis is getting worse, not better: the lists of foreclosures are growing. Rate cuts are not resulting in lower credit card rates, but higher ones. No one is buying homes because the cost to carry is so much greater than the projected rents: 'Sellers Denial' keeps prices at 2004 levels, yet still no buyers. Investors must realize that many agents in the real estate field are obliged to take a positive outlook on the current market. People are learning (and saying publicly) that home ownership is a burden, not a benefit. Even if you own it outright, you still have so many extra costs.
Politically, we are on the verge of chaos. No one can predict with any accuracy what our economic policy will be in 12 months. McCain is by nature a maverick, thereby unpredictable, and so is Obama. Realistically, one of these will be in the white house. Neither is attractive with regard to investing; because investors like stability. Both represent some degree of radical change.
Finally, our reactive US Government is riding in to save the day, with efforts that will be too small to be significant, and a policy of helping along those that are reckless. Continued rate cuts and mortgage relief seemingly punishes those that are responsible and save. All this reinforces the sense of entitlement that we as Americans have grown so accustomed to having; and this very sense weakens us and makes us less competitive internationally. Meanwhile, Iran and Russia are testing our military boundaries, perhaps getting itchy for another World War. These are indeed scary times we live in.
However, the phenomenon of 'American Protectionism' will prevail; defined as; "The need of Americans to protect not just their credit, but those that are weaker or less capable than they are." -comment-
Written by: The Sniper
. © 2008 Realtech Partners, Inc. All Rights Reserved. Email.
Click here for quick California bank earnings and foreclosure rate updates ---> Analysis of California Bank Earnings
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**ARTICLES** Most recent listed last
. Q1-Feb 10 '08: - The Perfect Storm of American Economic Downfall Q2- '08: So what do we do now? . .. Q1-Feb 21 '08:- The Counter Intuitive Market Force: But Housing is the Exception Q2- '08: Analysis of CA Bank Earnings . ... Q1-Feb 21 '08:- The 5% Income Rule Q2- '08: Riverside-San Bernardino tops the list... . ... Q1-Feb 21 '08:- A Compelling Argument for Alternative Investments Q2 '08: - Oil and war speculation ... Q1-Feb 26 '08: True Market Analysis, or Self Interest? Q2 '08:- Bank of America & Countrywide: A signal of a housing bottom? . ... . Q2 2008: Deflation with Inflation: No Recession, but Depression? Q1- '08: No Recession, but Deflation? . 3.17.08: Next for the Economy: The Greatest Bull Run in History? Q2- '08: The Schizophrenic FED Gambit .. Q2- '08: Bearish on Housing, Bullish on Stocks
Realtech Partners, Inc. - © 2008. All Rights Reserved. Email
DISCLAIMER: Not associated with any city, county, civil entity, or government body. No warranties are stated or implied. Use at own risk. External web sites are not endorsed. Users agree to all terms. These articles merely reflect the opinions of this author and are by no means a guarantee of future economic conditions. Though the author strives to provide accurate and relevant data, he sometimes relies on external sources and cannot assure the reader of the accuracy contained within. These articles are provided for information purposes only and are not meant to provide investment advice to anyone. Please consult with your professional financial planner for investment advice.
......................................... Recent Articles: .. Bearish on Housing.... Bullish on Stocks Stock rally, housing folly ... The Schizophrenic FED Gambit The FED rut .. Analysis of CA Bank Earnings Highly Recommended! .. Other Articles San Diego Commercial San Diego Industrial San Diego Homes San Diego MLS San Diego Real Estate ...
... Visit the housing time bomb blog. Highly Recommended!
.. ... California Foreclosures Highly Recommended! ...
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