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


To: Jim McMannis who wrote (232729)12/17/2009 9:05:01 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
Yes the economy stinks but it is not the housing/credit bubble that is even relevant anymore.. Now it is all about spending, innovating and moving forward with interest rates the huge wild card that can take the economy crashing down. The hope is the real economy is much stronger and balanced before that happens. The ironic thing is the stock market permabull crowd gloating of late will get absolutely plastered when the economy actually does strengthen.

So what is the game plan right now if the DOW trades between 7-14k for the next decade, nominal GDP grows easily 5%+ a year starting in 2012 with inflation and interest rates persistently rising the entire decade? To me the smart money that is willing and able would be controlling distressed cash flowing real assets dirt cheap and locking in once in a lifetime interest rates building market share as his weaker competitors disappear. The stock market already priced much of that in would be my guess..