Bernanke- The Economy is Weak “I don’t think the Fed can get interest rates up very much, because the economy is weak, inflation rates are low, if we were to tighten policy, the economy would tank.” Ben Bernanke testifying at the House Financial Services Committee last week. With those words Ben Bernanke confirmed what we … Read More →
Where is the Economic Recovery? Summary Ryan and Louis discuss the direction of mortgage interest rates. Ryan notes that Ben Bernanke admitted that the employment situation is not good. Louis notes that when the non farm employment data came out last week and the top line number was better than expected that the market would … Read More →
Part Time USA “I tried for modeling work but it was a bit slow and that’s when I took a part-time job at McDonalds. It gave me income while I was waiting for my big break and at the very least I could eat.” Sharon Stone Friday as the jobs report was being released Ryan … Read More →
The Part Time Recovery Are we becoming a nation of part timers? Introduction: 0:00-1:40 Discussion of the upcoming job report number & unemployment rate releases & predictions on the impact of a potentially improving job market 1:40-7:05 Discussion of mortgages & the float down option mortgage 7:05-10:06 Louis predicts that if the jobs number comes … Read More →
Hard Assets Investor made the observation – The QE trade is over, noting that price fluctuations in gold have been disconnected from monetary policy for a while. As a practical trading matter, Hard Assets Investor is correct. It seems now QE (quantitative easing) impacts the bond, stock and real estate markets but not the gold … Read More →
Gold is an Asset Not an Investment Warren Buffet is famous for his criticism of gold as an investment. He might as well argue that stamp collecting is not a team sport. Gold is not an investment. Your primary residence is not an investment. These are not investments any more than a cup of tea … Read More →
The Economic and Real Estate Recovery is Based On QE “You can ignore reality, but you can’t ignore the consequences of reality” – Ayn Rand It’s raining horrible economic news, yet the real estate and stock markets are staying dry and heading higher. It has been nearly five years since the financial crisis of 2008. … Read More →