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Notice how the fed dumps a few months of $85 billion into the market, coincides with the price of gas going past $4 a gallon? The dollar exchange rate s the Euro has plummeted, not sure if it's dropping everywhere or not.
I am sorry you fail to get your points across. There is a smiley for sarcasm, if that was your intent.
Sounds like you are a little butt-hurt. Maybe you should actually stick to your own requests and actually respond to the reading material that I provided at your request. You did not address our correspondence earlier regarding government intervention in the housing market, you just want to talk about the DOW and explain it to me as if I haven't a clue what it is, all the while detracting from our main discussion point. Stay on topic.
You asked for a link, I provided you with a link. Heck, a full-blown analysis has just fallen into your lap, you don't have to do anything except click on the link and comprehend.
Notice how the fed dumps a few months of $85 billion into the market, coincides with the price of gas going past $4 a gallon? The dollar exchange rate s the Euro has plummeted, not sure if it's dropping everywhere or not.
the more that gold goes up the happier I get. if gold would go past 3k an ounce, i could retire tomorrow.
Sounds like you are a little butt-hurt. Maybe you should actually stick to your own requests and actually respond to the reading material that I provided at your request. You did not address our correspondence earlier regarding government intervention in the housing market, you just want to talk about the DOW and explain it to me as if I haven't a clue what it is, all the while detracting from our main discussion point. Stay on topic.
You asked for a link, I provided you with a link. Heck, a full-blown analysis has just fallen into your lap, you don't have to do anything except click on the link and comprehend.
I am sorry but I have no interest in discussing a situation from three years ago, because it has no bearing to what we are discussing here.
I am sorry but I have no interest in discussing a situation from three years ago, because it has no bearing to what we are discussing here.
So what you are saying is that the process of government intervention has no lasting affects? The policies that have been enacted for the last several years in the housing market have no ramification on the current state and future state of the housing market? Have you ever heard of the term time lags?
If you really believe this, then the argument that securities backed-mortgages and low-income mortgages caused the housing crisis to begin with is false, because well, they started lending a long time before things got sour.
You do realize that we (our federal government and central banks) are still implementing the same policies, right? It is worth discussing, otherwise, why did you even come on this thread? Was it to brag about your artificially inflated real estate business in South Florida?
I haven't seen prices increasing in Chicago. They've remained about the same. Some have dropped slightly. There's not a ton of construction planned, the issue is more of filling the current buildings with tenants. Could mean home improvements though Maybe other cities are starting to see more construction. Haven't traveled much lately, any other posters know?
From his 2nd paragraph I wouldn't say that would signal a recovery. That would just signal things are slowing. But even if things are slowing, and bottom out, what is the plan to increase wages? Inflation has not slowed and gas prices have not slowed, so Americans will still be in the same predicament. Possibly even paying more taxes.
I don't see the improvement in the housing market having much of an impact on the employment picture. I haven't traveled much lately though. Maybe some cities are building a lot of new homes. Either way, a small improvement is still an improvement. I agree with him that it could improve communities though. When people have ownership of a home they take more pride in it. Better care. They're also less likely to leave a place short-term.
After our governor raised taxes, I don't think people are dying to get into Illinois.
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Maybe other cities are starting to see more construction. Haven't traveled much lately, any other posters know?