Could the Fed’s decision NOT to raise rates be basically an admission this “recovery” is a farce? If the economy can’t absorb even a token rate increase, it must be FAR from robust. As we’ve discussed, there’s simply not enough income (productivity) to service all the debt. It’s like a sub-prime borrower using a teaser rate to squeeze […]
The Fed FINALLY admits it… Read More »
Love him or hate him, Peter Schiff always speaks his mind. We happen to love him. Not only do we admire his courage in trusting his own judgment… even when all the “experts” say he’s wrong, but we appreciate his willingness to explain his reasoning to anyone interested enough to listen. For those that don’t
6/22/14: Stop, Go or Proceed with Caution – A Conversation with Peter Schiff Read More »
Unless you’ve been under a rock for the last several months, you’ve probably noticed that lots of folks are excited about the housing recovery. After all, prices and sales volume are up in a lot of markets. Even home builder confidence has moved into positive territory for the first time in a very long time.
6/16/13: Rising Housing and a Weak Economy Read More »
Most people believe bubbles “burst”. When people talk about the decline of tech stock values at the turn of the century, they say “the tech bubble burst”. Of course, lately it’s all about the “real estate bubble” bursting. Over the last two years, The Real Estate Guys™ have taken some criticism over one of our