>>Yes you have. Life will pass you by.<<
i feel blessed for my life and i'm having a pretty good ride, thank you very much.
one does not need to have their head in the sand in order not have "life pass one by."
i'm debt free - cars paid off, home in a beautiful location paid off, i have an amazing, caring son and i'm able to add value to the lives of others.
not being narcissistic isn't having life "pass me by."
>>Nobody cares if you or I are the smartest guys in the room and see so many things the sheep have been clueless about the entire time. My KISS method says focus on interest rates. A quick sharp rise will break the back of any recovery, take much demand away from housing and crush the banks and stock market once again For now this steep yield curve is making a killing for the banks to offset their huge losses at the expense of all the savers.<<
yes, rates are a major player.
>>Keep foreclosing over the next couple of years keeping supply and demand in balance<<
there is no balance - millions are living for free in their homes b/c millions of homes will be foreclosed on in the future - in addition to future foreclosures. unemployment is rising, but people with crap credit are escalating even faster.
oh, and then we have fraudclosure - in millions of cases the banks don't have proof they own the deed and the note AND THEY CAN'T LEGALLY FORECLOSE.
an industry hack said mortgage rates would go to credit card rates (20%+ over night) unless congress forces the states to accept their lawlessness and criminality as they criminally steal homes.
so don't think that there will necessarily be a smooth rise in rates. mortgages could go from 5% to 15% in weeks.
are you ready?
>>and continue to use some creative accounting kicking the can down the road and we will be in a similar position like 1995-96 by 2013-2014.<<
i'm impressed with can kicking ability. i'm not sure they can make it last that long, though.
people are currently lighting themselves on fire and nations are swapping out leaders RIGHT NOW.
>>Large public companies throughout the world are reporting record profits<<
you don't realize they are the enemy, right? they are the job stealers. they are the looters. they are the war mongers.
or you do... and simply lack the integrity to care.
>>and the NASDAQ 100 is at the lowest forward PE since 1982.<<
that's a mythical number that you report as fact. good luck trusting liars.
do you know that the price to equity of stacks are near historical lows - even lower than the peak in 2000?
no, you didn't. you are paying top dollar for very little.
you better get that ramp in debt and credit or the pain cometh.
>>At no time has the earnings yield relative to the 10 yr treasury yield been this favorable Sounds like a dynamic for hiring to pick up too, absorb much of the excess commercial space which might be the biggest exposure to banks still not accounted for and a continued upward thrust in the stock market IF rates remain real low.<<
end the fake accounting and the $2.5 trillion and exponentially increasing federal debt and the game implodes.
your argument is akin to a guy who cheats on his taxes and runs up his credit card to the max and claiming to be doing better than the guy who makes 50% more and is not completely INSANE.
good luck with that.
btw, i see you aren't touting higher home prices and telling me i was wrong that housing would continue to fall anymore.
kinda hard as housing falls, right? |
