tag:blogger.com,1999:blog-11027528911364475.post2423821672104139286..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Existing Home Sales... "Uh Oh" EditionJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11027528911364475.post-72579529961376603902010-02-28T10:54:28.213-08:002010-02-28T10:54:28.213-08:00This is Japan all over again.
Stimulus based econo...This is Japan all over again.<br />Stimulus based economy that is completely reliant on the government getting into more debt, with larger deficits and more quantitative easing.<br />Consumer deleveraging, peak oil growth ceiling, and China and India losing steam.<br />Cheap money wont fuel markets for long, look at Japan.<br />I just cant see anything that would propel the market on a sustainable basis.<br />I am forever an optimist but this bear rally looks like its on its last legs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-63455925273907387032010-02-28T05:49:34.713-08:002010-02-28T05:49:34.713-08:00Keep posting stuff like this i really like itKeep posting stuff like this i really like itAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-29431060142737745752010-02-27T08:51:45.550-08:002010-02-27T08:51:45.550-08:00case shiller tries to determine what the actual va...case shiller tries to determine what the actual value of homes are worth, while the latter details what they actually sold for. <br /><br />either way, my "stabilization for now" post by no way made a bullish case for housing. the concern within both is that even though the government (i.e. taxpayers) have subsidized the hell out of the housing market, at a minimum the market is only stabilizing vs. rebounding. <br /><br />i tried to explain this last march in a post 'Bail Out the Shelter, Not the Investment' (http://tinyurl.com/autswr). my case has always been that you can only prop up the market for so long.<br /><br />with recent data that has been released, it looks like prices aren't rebounding and will need even more wasteful incentives to keep up the current levels.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-78542411414531052672010-02-26T17:52:44.535-08:002010-02-26T17:52:44.535-08:00So housing goes from "stabilization for now&q...So housing goes from "stabilization for now" post a couple days ago to "uh Oh" edition in a couple days?Unknownhttps://www.blogger.com/profile/15345109953883446487noreply@blogger.com