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The Outlook for Real Estate, Including the Ban on Foreclosures and its Effects David Galland interviews real estate professional Andy Miller, Miller Frishman Group In 1990, following the real estate debacle of the 1980s, Andy Miller co-founded SevoMiller, Inc. The company provided workout services for major financial institutions throughout the country and also began buying […]
And on top of that, 17,000 payments were sent to prison inmates! The AP reports: More than 89,000 stimulus payments of $250 each went to people who were either dead or in prison, a government investigator says in a new report. The payments, which were part of last year’s massive economic recovery package, were meant […]
Today, stocks were up again – and on low volume, again. There is speculation that this surprisingly resilient rally is predicated on bets that the Fed will act to protect the economic recovery – or whatever you’d call this thing! For a look at the wagers being placed on potential Fed action, we turn to […]
This one’s for all the fellow deflationists struggling to “keep the faith” during the continued rally in asset prices – most notably the parabolic move in the precious metals. Christopher Whalen of the American Enterprise Institute presents Four Pictures of Deflation, and concludes: “The end of the liquidation cycle of the deflating bubble will arrive […]
While individual investors are as bullish as they’ve been in over a year – no doubt buoyed by the price action of the S&P – the Fed appears to be quite worried about a host of things. You know – deflation, high unemployment, the moribund economy – stuff only a real worrywart would care about. […]
This is absolutely hysterical – Phil Davison, Republican candidate for Stark County Treasurer, goes absolutely nuts in his nomination speech: There are so many gems in this beauty, it’s unbelievable! In a sad post mortem, I read that Phil lost the nomination 🙁 Hard to believe – it’s a cruel, cruel world. But he’s welcome […]
I don’t normally comment much on politics, preferring to focus on the markets as best I can – though admittedly the two are becoming more and more intertwined by the day (sadly enough). But this was a very interesting piece from George Friedman at Stratfor, which we were fortunate enough to be allowed to reprint […]
One of the paid publications that I mention a lot here is The Casey Report. It’s a monthly publication put together by the astute folks at Casey Research – one of the very best at breaking down the big picture, in my opinion. In honor of Casey Research being named to the Inc 5000 (a […]
One of my absolute favorite economic forecasters is Gerald Celente, who is the founder of the Trends Research Institute. Why is he my favorite? Because he’s freaking hilarious. Celente is an American classic – a hard nosed guy from the Bronx who despises most of what’s going on in America right now. If you haven’t […]
Personal computer chip stocks Intel, AMD, and others are all getting slammed this morning, as a couple of bearish research reports were issued regarding the outlook for PC’s: Personal computer orders are “falling off a cliff,” according to J.P.Morgan analyst Christopher Danely, who issued a research report downgrading his revenue and earnings estimates for Intel, […]
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