Cory's Insights – Tue 28 Jan, 2014

Should the Federal Reserve Stop the Dominoes From Falling?

This article predicts that the first domino to fall for the US economy will be Retail-CRE (Commercial Real Estate). The author includes this image which walks us though the 7 steps on the road to failure.

The falling US economy

While we cannot be sure what will bring down the US economy there sure are quite a few options out there.

Click here to read the full article.


Comments:
  1. On January 28, 2014 at 6:47 am,
    Bobby says:

    according to Richard Russell,”I think that the US is fighting the forces of deleveraging and deflation, and I think the Fed is losing its battle against deflation. After spending trillions via quantitative easing, the Fed has still been unable to push inflation to its desired level of 2%.”

    • On January 28, 2014 at 3:52 pm,
      Big Al says:

      Not according to the Fed, Bobby!

      • On January 28, 2014 at 5:29 pm,
        Bobby says:

        Are we believing the fed now?

  2. On January 28, 2014 at 6:50 am,
    Bobby says:

    Here in rural coastal Florida, CRE seems to be having a renaissance. More fast food, banks, medical clinics, etc are filling the empty spaces AND building new.

    • On January 28, 2014 at 3:54 pm,
      Big Al says:

      Where is the money coming from?

      • On January 28, 2014 at 5:28 pm,
        Bobby says:

        I have no idea

  3. On January 28, 2014 at 6:55 am,
    Bobby says:

    No fish jumping today, so a long walk along the calm warm Atlantic and the enjoyment of God’s creation will suffice.

    • On January 28, 2014 at 1:27 pm,
      Andrew de Berry (Rev) says:

      Same here Bobby. My wife and I make constant use of a nearby old coal tip turned into a nature reserve and which has been our inspiration for years now. A quick breath of nature and a little talk with Him puts it all into perspective A

      • On January 28, 2014 at 1:28 pm,
        Andrew de Berry (Rev) says:

        PS: Though I did buy some Corvus gold….after I’d done the walk!

      • On January 28, 2014 at 3:54 pm,
        Big Al says:

        Yep!

        Did that to and from Canada today.

    • On January 28, 2014 at 3:54 pm,
      Big Al says:

      It usually does Bobby!

      • On January 28, 2014 at 5:32 pm,
        Bobby says:

        End ed up a short walk 2 miles and a long swim with my granddaughter, it worked
        well

  4. On January 28, 2014 at 6:58 am,
    CFS says:

    I don’t know the answer.
    We may be beyond salvation.
    We are in a pay now or pay more later situation. The Government is in total control of who pays and when.
    Meanwhile the hole is being dug deeper and deeper. There will come a time when the digging may stop and payment become due, regardless of Government action.
    Will the decline to 3rd world status be slow or quick; violent or non-violent?
    It is happening because almost all politicians place re-election above doing what is best for the country.
    I think it would be best to stop digging.

    • On January 28, 2014 at 3:56 pm,
      Big Al says:

      To quote the old sage: “It is happening because almost all politicians place re-election above doing what is best for the country.

      Ain’t that the truth!

  5. On January 28, 2014 at 7:21 am,
    HEAVYHITTER says:

    The DOW COW is not falling apart…we need a stock market if it does fall over months.

    The miners will like it but no one wants miners in a crashing market over a few weeks even.

    This action today is what we need. I hope we get a declining stock market …if indeed it does
    happen over many months. Huge sell offs scare investors away from miners.

    • On January 28, 2014 at 3:57 pm,
      Big Al says:

      Yes they do!

    • On January 28, 2014 at 4:37 pm,
      Big Al says:

      Thanks, cfs, I posted it.

  6. On January 28, 2014 at 8:43 am,
    Fred says:

    The Fed announcement tomorrow at 2:00pm is gonna drive all the markets crazy up and down.
    No taper – probably good for gold going up
    Another 10B taper cut – bad for gold, it will go down hard and stocks will go up
    Increase QE 10B or more – gold up bigtime

    It’s CRAZY….

    • On January 28, 2014 at 4:37 pm,
      Big Al says:

      It’s called this crazy life, Fred!

  7. On January 28, 2014 at 8:51 am,
    hal says:

    I am in scottsdale-about 8 years ago a new strip mall was built way northeast Scottsdale-two buildings–5 years ago the main building was almost filled-same today–and then and now the outlying building was empty.

    Someone already lost money on this and I wonder if #2 has thrown in the towel yet. Up the road another strip mall anchored by Safeway and Target–target is never busy–rarely more than 2 checkouts open. Thats ok–the WMT superstore nearly is never really busy either. Nice new place though in nice setting.

    One problem is these places are in areas with low density-I have a 3/4 acre lot in a development with 2 courses.

    In addition there are more snowbird retirees in the area so demand is not all that great except in Dev thru March when the families com out to visit. The retirees here are in good shape financially–but do not spend cause we do not need much. Cars last forever. We read a lot. Golf a lot, nap a lot. go out for dinner with friends a lot. Do some philanthropic work and call it a day.

    The young kids are having a tough time making ends meet for all the reasons discussed here and other similar sites.

    durable goods today says we are in trouble. The BS of most govt data says we are in trouble. The printing of money and deficits and debts says we are in trouble.

    A president who has no clue on economics and financial matters, international politics and DC politics says we are in trouble. His idea to raise min wage for federal contractors is idiotic. Expand that to everybody. We already are not competitive with foreign countries-so lets exacerbate the issue.

    how long can we all live on printed money-I suppose we will find out.

    • On January 28, 2014 at 4:41 pm,
      Big Al says:

      For what it is worth Hal, Kathy and I are going to spend a week in the Palm Springs area from 2/1 thru 2/10 and then another week in March.

      Plan is to visit with friends, play gold; and, look for a place to snow bird to.

      Should we look in your neck of the woods?

      By the way, your comment is SPOT ON!

      • On January 28, 2014 at 5:34 pm,
        Bobby says:

        Al,consider Florida….believe me after spending 30 years in Cali,Florida is much better

  8. On January 28, 2014 at 5:05 pm,
    dw jones says:

    I think you meant “play golf” not play with your gold!