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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
Housing Slump Over Or Just Another Bottom Call?
Posted on 06/22/2007 05:09:38 | Link | Post Comment
The Drag Stops Here via Calculated Risk
Via Bloomberg, some excellent news from BofA:
June 20 (Bloomberg) -- The worst U.S. housing slump in 16 years will begin to ease in the next month or two, and job growth will lift home prices and spur construction early next year, Bank of America Corp. Chief Executive Officer Kenneth Lewis said.
"The drag stops in the next few months,' Lewis said in an interview yesterday in New York.
"It's just about to be over. We're seeing the worst of it.' . . ."We do not see a recession,' Lewis said. "Because that drag stops, you'll see the economy begin to pick up in the third and fourth quarters.
'So much for those socialist girls at PIMCO with their "blood bath" nonsense.
Why the housing market is just like the war in Iraq [Slate]
The Rich: Still Bullish on real estate
From CNN Money.com reports that unlike many Americans, the wealthy still think their homes are great investments. This is no surprise to me. As I like to say: "take your investment advice from wealthy people and not from salespeople."
Housing Bubble and Real Estate Market Tracker from SA for 6/21
Via Bloomberg, some excellent news from BofA:
June 20 (Bloomberg) -- The worst U.S. housing slump in 16 years will begin to ease in the next month or two, and job growth will lift home prices and spur construction early next year, Bank of America Corp. Chief Executive Officer Kenneth Lewis said.
"The drag stops in the next few months,' Lewis said in an interview yesterday in New York.
"It's just about to be over. We're seeing the worst of it.' . . ."We do not see a recession,' Lewis said. "Because that drag stops, you'll see the economy begin to pick up in the third and fourth quarters.
'So much for those socialist girls at PIMCO with their "blood bath" nonsense.
Why the housing market is just like the war in Iraq [Slate]
The Rich: Still Bullish on real estate
From CNN Money.com reports that unlike many Americans, the wealthy still think their homes are great investments. This is no surprise to me. As I like to say: "take your investment advice from wealthy people and not from salespeople."
Housing Bubble and Real Estate Market Tracker from SA for 6/21
- How (bad) Certain Investments Did Last Week
- Dow Dips Below 8,000 Threshold, Reaching April 2003 Levels
- Some Insight From The Blogs:
- Canslim.net Morning Comment And Links (for Traders)
- Stocks Fail To Turn Up; Sec's Shorting Ban On Financial Shares Expires
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
Examples
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]
Morpheus Trading - Fri Oct 10, 2008 01:40AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
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