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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (91996)10/14/2007 1:07:55 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
How embarrassing for CNBC. Not only is that nonsense, but they didn't even bother to proof it:

90% of American home owners expect their home process to stay the same or increase over the next 12 months by an average of 3.9%.

home process? I'm sure they meant 'home prices', and if people expect prices to increase next year they are out of touch.



To: Smiling Bob who wrote (91996)10/14/2007 3:24:57 PM
From: John ChenRespond to of 306849
 
"Projected to spend 17.6% more over last year?". Wrong, it's
75%, just for milk. 17.6% is just way too low.
Most people will spend more than 50% than last year to eat
the same stuff they are used to.
It's delayed inflation.
You have to be a patriot to run for gov. offices left by this
adminstration. It's dame job if you do and dame if you don't.
What a mess!!! That's what you get when the 'organization'
(controlling republicans at this time) managed to put a
C-graders for the presidential job, not once, but twice.




To: Smiling Bob who wrote (91996)10/15/2007 12:29:47 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
Mkt has been down all morning
A real rarity
DOW down 115- triple digits...
all stops were pulled out to avoid this, and seems they were unsuccessful
Welcome to what may be one of the ugliest weeks ever for WS.
Barring an emergency rate cut



To: Smiling Bob who wrote (91996)10/17/2007 8:58:14 AM
From: Les HRead Replies (2) | Respond to of 306849
 
Shoppers spending plans for Xmas

Holiday shoppers will spend 3.7 percent more this year than they planned to in 2006, according to an annual survey by the National Retail Federation.

The findings are in line with the group's forecast that holiday sales will increase 4 percent, the slowest pace in five years, to $474.5 billion, the NRF said yesterday.

Consumers plan to spend $923 on average on holiday-related shopping, the trade group said.

boston.com



To: Smiling Bob who wrote (91996)10/17/2007 12:22:38 PM
From: Les HRead Replies (2) | Respond to of 306849
 
CNBC: Americans Set to Spend More on Homes Next Spring
By CNBC.com

Think this will work?



To: Smiling Bob who wrote (91996)1/2/2008 11:25:11 AM
From: Les HRespond to of 306849
 
Boating Industry Slump Could Signal Recession

npr.org

MAPI Quarterly Industrial Outlook indicates mild recession.

news.thomasnet.com



To: Smiling Bob who wrote (91996)10/7/2008 12:13:13 PM
From: Les HRead Replies (7) | Respond to of 306849
 
Surprise! Americans Set to Open Wallets This Holiday
By CNBC.com
CNBC.com
| 14 Oct 2007 | 12:06 PM ET

It’s going to be a joyful—and profitable—holiday season for retailers, according to the surprising findings of the latest CNBC Wealth in America survey.

Americans plan to spend an average $839 during the holiday season, up 17.6% from last year, the survey says.

But, consumers in the U.S. might spend far less on goods manufactured in China. More than half of those Americans surveyed said they are less likely to buy Chinese manufactured products.

And, when asked if they’re willing to spend more for products made in the USA, 66% said yes, 20% said no and 14% were unsure.

Of course, the mindset of “spend now” has its disadvantages.

The CNBC Wealth in America survey reports that two-thirds of Americans say they aren’t saving enough for retirement and, as a cautionary tale, more than half of those already retired say they didn’t save enough for retirement.

The only groups who think they’re saving enough: those with more than $50,000 in stocks or greater than $100,000 in income. A mere 6% of Americans with incomes below $30,000 think they have put enough away.

As the Dow closed Friday above 14,000, it is noteworthy that more than half of Americans surveyed believe a recurrence of the 1987 stock market crash, the anniversary of which is this Friday, is unlikely and about half of Americans believe now is a good time to buy stocks.

Interestingly, as the 2008 Presidential campaign heats up, 29% of Americans believe Democrats are better than Republicans when it comes to personal finance vs. 24% who favor Republicans.

Much of the economic news in the past few months has focused on the housing industry and, according to CNBC’s survey, an overwhelming 90% of American home owners expect their home process to stay the same or increase over the next 12 months by an average of 3.9%. And, nearly 80% of Americans said they don’t increase their spending based on gains in the price of either their homes or stock portfolios.

The full results of the CNBC Wealth in America survey will be reported on air Monday, beginning with CNBC Senior Economist Correspondent Steve Liesman on “Squawk Box” at 6 am New York time and throughout the rest of the day.

The results will also be available on CNBC.com.
© 2007 CNBC.com

cnbc.com