Just how optimistic are investors rights now?
John Rubino kicks off today with his thoughts on the increased optimism in markets. He points to an increase in cruise line bookings that but also looks at the issues that could face the real estate industry. It’s all a very confusing picture as to what comes next.
Well, thank goodness you followed it up with a post that had so much more to offer and brought so much more value!
Ex, I’m glad your in such a good mood, you remind me of my wife in the morning, bar the door Katey! LOL! DT
Ex, you should go out on a pub crawl with Irish, remember to bring your knee pads or you won’t enjoy yourself. DT
Haha! Not a half bad idea. I’m pretty sure IrishT and I could have some entertaining conversations at the pub over a few adult beverages, but may need to crawl out of there on my knee pads… Cheers!
What Happens When The Pandemic Ends?
By John Rubino ◆ APRIL 13, 2020
“We engineered a tech stock bubble in the 1990s that burst in 2000, requiring drastically lower interest rates and truly insane speculation in housing to rescue the big banks. When that bubble burst in 2008, interest rates had to fall even further and even more debt – ranging from government to student to subprime auto (and, yes, mortgage) — had to be taken on to save Wall Street. Hence the term “everything bubble.”
“Then came the pandemic, which burst the everything bubble and has convinced the world’s governments that truly astounding amounts of new debt are required to bail out all the parts of the private sector that have more-or-less ceased to exist.”
“Here, for instance, is the Fed’s balance sheet, which is a proxy for the amount of new currency the central bank has created out of thin air and dumped into the economy. The blue line is GDP growth and the red line is Fed currency creation. Note that more and more currency has to be created to maintain the same anemic growth trend:”
Sums it up…https://ibb.co/nP3kNJp
Ditto……..I think the picture says it all……..
Add Gates in the boat……and you have a full house…..
https://www.zerohedge.com/political/pentagon-ig-strikes-blow-amazon-rules-10b-award-microsoft-proper
Deep state getting closer to desired results……
Don’t know why Dees didn’t add Gates…heard Dees is dying of cancer, though.
Deep state is in total control……
Many years ago I got a few of Dees art calendars. Hilarious. I gave them away, but kept one for myself.
I’m going to get some of his art before he dies. Plus it will help him pay his bills.
Hilarious galleries…
The picture has a lot of details, to examine.
Idiot and clueless goooberment….
https://www.infowars.com/gop-rep-massie-warns-usa-weeks-away-from-food-shortages/
EBO……….I have been sharing you poster, in other areas of the Ker…..
and I am giving you the credit….. 🙂
you to your……
Sorry, I didn’t see it. Where did you post it?
I posted it, below, and over when I was conversing with JMiller……..
and btw….I will be limiting where I post…..
Well,………
Real estate is not that difficult…….YOU NEED A JOB……real simple….
And you thought Biden was the only congress critter corruptly related to Ukraine ?
John’s comments on real estate provides the logical narrative. A couple days ago I spoke with the developer of the area I live in (growing NW city of 50,000). They are pushing ahead with building……….saying they are having lots of success with selling on line??? Construction in this county is still going strong. FWIW
I don’t know whether I would trust what a developer say’s in this market. A wise home buyer would wait to see how the economy plays out. A lot more people are and will be unemployed. DT
Builders are always the last to know…….experience tells me that …..I use to know a lot of bankrupt builders……
https://www.zerohedge.com/personal-finance/mortgage-purchase-applications-crash-35-yoy-lowest-5-years
home purchase applications have plunged to their lowest since 2015…
Still need a warm body …..
We doubt that Mr. Kan – have you looked at homebuyer (and now homebuilder) sentiment?
After months of ascendance in the face of homebuyer sentiment collapsing, NAHB reports a total collapse in homebuilder sentiment to 30 from 72 (massively worse than the expected 55). This is by far the biggest drop on record…
DT: I agree that it’s not the time to be buying……and the developer’s rep I spoke with isn’t the sharpest tool in the chest, but they are continuing to build. A foundation was dug this morning, immediately behind my home. There are 5 homes under construction on my block and 6 more on the block behind me. I’ve no idea where the buyers are coming from……Obviously, things can fall of a cliff in a month or so and I would guess the builder will own several houses for long than they planned. They can afford that since there are no taxes on the house until it is occupied.
the fed is making all those reservations on cruise ships, to prop up the bubble. Muhahaha
The FED is definitely sailing into uncharted waters on their free money cruise, and may be taking the whole financial system over the ledge of a waterfall.
Ex…..take a look…. https://www.ddees.com/
Ebo….submitted above…
Yikes! That graphic sure sums up the current financial backdrop nicely.
I thought you would agree……. 🙂
This reminds me of the BUSH…….PAYOUT…..just before he went bye bye…..
https://www.cnn.com/2008/POLITICS/02/13/bush.stimulus/
Did you see this graphic collage by the same artist? Make America Creepy Again?
It looks like that link takes someone back to the first slide, but just advance it to slide 7.
Yes……..while scrolling thru his works……some really get ideas and prints….jmo
Yes……..while scrolling thru his works……some really great ideas and prints….jmo
I think we been had again….. 🙂
IF, so, ….the Q fans are going to look kind of stupid…..
this posted in wrong area……Ex it was for you…
Thanks OOTB. I’ve not been a big Q fan to begin with, but have a few close friends that won’t leave me alone about the Q posts.
I don’t follow those updates but was informed a few weeks back that there was going to be 3 days of internet and phone blackouts according to their prognostications starting on good Friday through Easter, so the “white hats” could go around and arrest everyone with the sealed indictments.
I guess that never played out. (lol)
I said from the very beginning……Trump gave his daughter over to the jews….
I do not think , he will be running for reelection in the fall……..How much of the $6Trillion is he and his family getting……like duh….Same thing happen with Bush, just before he left office….I posted a clip of the bail out plan that BUSH, dang near identical …..
People are so freaking stupid………
Being a people, I agree. Now what do we do?
BUY GOLD………and hag on……..
and hope you are out of debt…..personal debt….
DIdi you see thisl
On April 15, 2020 at 9:31 am,
Ebolan says:
Hilarious galleries…
Think about it…………..YOU HAVE BEEN SCREWED………….
https://www.zerohedge.com/commodities/us-mint-halts-all-production-over-virus-fears-gold-silver-coin-demand-nears-record
GOT Phyz…………………….almost to late…….get it while you can..
Been going on a long time. I am looking for a couple of good miner days at the end of the week. Thinking of giving most of my bailout to a food bank. Probably need to hold that thought in case the TPTB are upset I haven’t died yet and take everything I own.
Ha! Keep on keeping on David. I’m with you on a couple more good days in the miners, but I’ve been gradually trimming back some positions last week and this week into the strength and moving some back over to cash.
John Rubino say’s a whole lot of nothing! DT