tag:blogger.com,1999:blog-20377909.post113976892019406988..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Economic sign of the times; what will our future hold?Randyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-20377909.post-78799310355441027982013-02-12T22:56:05.818-08:002013-02-12T22:56:05.818-08:00Interesting post on signs.Interesting post on signs.QUALITY STOCKS UNDER 5 DOLLARShttp://www.zipleaf.us/Companies/The-Manhattan-Calumet-Value-Stock-Hotlinenoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-45367840799169303752011-11-26T06:15:04.726-08:002011-11-26T06:15:04.726-08:00This comment has been removed by a blog administrator.Jakenoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139881238860267882006-02-13T17:40:00.000-08:002006-02-13T17:40:00.000-08:00Guess we'll find out Thursday, when January Housin...Guess we'll find out Thursday, when January Housing starts are released. Experts are predicting numbers greater than 2M per annum, which equates to roughly 166,700 units in Jan.Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139878332499079922006-02-13T16:52:00.000-08:002006-02-13T16:52:00.000-08:00DJ KB Home Says Cancellations Up, Orders Down So F...DJ KB Home Says Cancellations Up, Orders Down So Far In '06 <BR/><BR/><BR/>By Janet Morrissey <BR/>Of DOW JONES NEWSWIRES <BR/><BR/>NEW YORK (Dow Jones)--KB Home (KBH) has noticed a surge in cancellations and a drop-off in orders in the first two months of fiscal 2006, and if this trend continues, the company said it likely will have to ratchet down its revenue guidance for the year, according to a 10K filing. <BR/><BR/>The comments appear to be a sign that the sharp drop-off in orders recently reported by luxury builder Toll Brothers Inc. (TOL) may not be limited to the luxury segment as many market experts presumed. <BR/><BR/>"There are signs that consumer demand in the United States for residential housing at current prices is softening," KB Home said in its 10K, which was filed with the Securities and Exchange Commission on Friday.41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139873085364693582006-02-13T15:24:00.000-08:002006-02-13T15:24:00.000-08:00Bernanke, in His Congressional Debut, Will Resist ...Bernanke, in His Congressional Debut, Will Resist Calls for Fed Rate Pause <BR/>Feb. 13 (Bloomberg) -- Gentle Ben he won't be. <BR/><BR/>Ben Bernanke, appearing before Congress this week for the first time since becoming Federal Reserve chairman Feb. 1, is likely to brush aside lawmakers' calls for a pause in the central bank's credit-tightening campaign and vow vigilance against inflation, analysts say.41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139871989015666632006-02-13T15:06:00.000-08:002006-02-13T15:06:00.000-08:00Thanks for the comments guys. I didn't even know ...Thanks for the comments guys. I didn't even know anyone had posted up. I believe something is wrong with the Blog updates.<BR/><BR/><BR/>Anyway, I think Peter Schiff summed it up pretty nicely:<BR/><BR/>As long-term rates ultimately soar, the financially strapped homeowners living paycheck to paycheck with little or no home equity, hit w/payment shocks associated with ARM resets--it will be the financial equivalent of a knock-out punch.<BR/><BR/><BR/>I concur with MMafia, the day of reconing is quite near.<BR/><BR/>Peak, You sparked my interest with Syria. I'll have to look into it. Thanks for the linkRandyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139859131863366932006-02-13T11:32:00.000-08:002006-02-13T11:32:00.000-08:00You left out "Balance of Trade" although it could ...You left out "Balance of Trade" although it could be argued that it's the result of the negative savings rate. With all that capital floating around the world, it can't do our economy much good.<BR/>I generally follow the political blogs and note one common thread that unites the left and right: Economic blinders! The thought is that we'll be talking about the NSA, Abramoff and coin deals in Ohio during the elections. Maybe so, in 2006 but in 2008 the coming economic storm will be named, Katrina II.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139856952655789022006-02-13T10:55:00.000-08:002006-02-13T10:55:00.000-08:00Syria has switched to Euros! "We are talking billi...Syria has switched to Euros! "We are talking billions of dollars."<BR/><BR/>http://news.yahoo.com/s/nm/20060213/pl_nm/syria_us_forex_dcOut at the peakhttps://www.blogger.com/profile/10855394670202295976noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139853639584578552006-02-13T10:00:00.000-08:002006-02-13T10:00:00.000-08:00What I find extremely interesting is that how the ...What I find extremely interesting is that how the consumer and the fed are BOTH committing 'financial sins', essentially serving as mirror images of each, egging the other on to go even further into Pandora's box.<BR/><BR/>Of course- and nobody including Alan himself denies this- this 'imbalance' cannot continue forever.<BR/><BR/>I believe the day of reckoning is coming soon my friends. Soon.<BR/><BR/>MMAfiaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-1139797051146743252006-02-12T18:17:00.000-08:002006-02-12T18:17:00.000-08:00The Return of the Long BondBy: Peter Schiff, Euro ...The Return of the Long Bond<BR/><BR/>By: Peter Schiff, Euro Pacific Capital, Inc. <BR/><BR/>Yesterday, in what amounts to the biggest refinancing in world history, the Federal Government finally began issuing new thirty-year bonds. The return of the long bond comes none too soon, but it may be a day late and a couple of trillion dollars short. <BR/> <BR/><BR/>For the past four years, the treasury has been artificially suppressing its interest expenses by borrowing massively at the short end of the yield curve. Like millions of Americans who have made the same mistake (with adjustable rate mortgages), this act of fiscal expedience exacts steep long-term costs. When individuals borrow on the short end, at least they do so with their own money, or at least their lender’s money. But when the Federal government commits this financial sin, the entire nation bears the burden. <BR/><BR/>By concentrating on the short end of the curve the government has been able to spend more money than would have been possible had it paid the higher interest rates associated with long-term financing. Consumers have been able to follow the same spending policy by financing mortgage debt using ARMs. By keeping interest rates so low for so long, Greenspan enabled both public and private sector borrowers to live beyond their means. However, for those who have been dancing to the maestro’s tune, it’s finally time to pay the piper. <BR/><BR/> <BR/><BR/>For the Government, refinancing trillions of dollars of t-bills into thirty-year bonds without dramatically increasing interest rates would be a feat of financial wizardly even the Great Harry Houdini couldn’t pull off. As long-term rates ultimately soar, American tax payers will be stuck making excessive interest payments for generations to come, all because some irresponsible politicians wanted to win reelection and an irresponsible Fed chairman wanted to be reappointed. <BR/><BR/><BR/>For financially strapped homeowners living paycheck to paycheck with little or no home equity, the payment shocks associated with ARM resets will be the financial equivalent of a knock-out punch. Even if most savings-short households can somehow manage to swing the higher payments, it will require the complete abandonment of just about any other discretionary spending. <BR/><BR/>Since better than 70% of America’s bubble economy is comprised of consumer spending, such austerity will result in wide-spread unemployment. If homeowners have trouble making increased mortgage payments while still collecting paychecks, imagine how much harder it will become when they lose their jobs. Further, since the unemployed go from being taxpayers to tax consumers, imagine how much larger the already enormous budget deficit will swell. With cheap short-term financing no longer available and long-term rates spiraling out of control, the additional interest payments required that will also have to be borrowed will be staggering. If you listen very closely, you might just hear the sounds of helicopter blades spinning in the distance.<BR/><BR/> <BR/><BR/>Don’t wait for the wind to knock you off your feet. Protect your wealth and preserve your purchasing power before it’s too late. Start by downloading my free research report on protecting your wealth in advance of the coming dollar collapse at www.researchreportone.com and subscribe to my free, on-line investment newsletter at http://www.europac.net/newsletter/newsletter.asp<BR/><BR/><BR/>-- Posted Sunday, 12 February 200641cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.com