SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (61900)5/24/2006 2:47:57 PM
From: James M. Belin  Read Replies (1) | Respond to of 110194
 
To all:

I just got an e-mail from my realtor friend, who continues to be bearish on Phoenix real estate. During the past 30 days, there has been a surge of residential home sales. However, INVENTORY OF HOMES FOR SALE AS OF TODAY IS 39,722. This is an all time high.

Jim



To: ild who wrote (61900)5/24/2006 3:46:57 PM
From: GST  Read Replies (3) | Respond to of 110194
 
Yes, it is the end of the American consumer as we have known it -- the free spending pay nothing waste everything consumer -- good riddance. With any luck we will not see the sort of consumption orgy we have seen in recent years ever again. The times are changing -- for the better on wasteful consumption.

As to the dollar, we are far poorer than we have been forced to admit. A lower dollar will drive that home hard, very hard, and that will last a lifetime.