To: Hydroshock
LOWER RATES! YOU OVER SHOT AGAIN FED !
2 posted on
09/08/2006 10:58:17 AM PDT by
samadams2000
(Somebody important make....THE CALL!)
To: Hydroshock
Free your inner WillieGreen.
3 posted on
09/08/2006 10:58:42 AM PDT by
MarkeyD
(The tree of liberty must from time to time be watered with the blood of tyrants and patriots.)
To: Hydroshock
risk of an outright recession is growing as a retreat in housing threatens household balance sheets. This is probably factually correct. Just like, if I have two pennies, and lose one, I have lost 50% of my money.
6 posted on
09/08/2006 11:00:37 AM PDT by
Paradox
(The "smarter" the individual, the greater his power of self-delusion.)
To: Hydroshock
Pure BS. When have the so called Economic expert been right as of late? Shouldn't we be filling up our tanks right now with $3 to $4 per gallon gas from $100 per barrel oil? The price of oil is dropping by the dollar daily and the price for a gallon of gas is dropping by the day down here.
7 posted on
09/08/2006 11:01:45 AM PDT by
The South Texan
(The Democrat Party and the leftist (ABCCBSNBCCNN NYLATIMES)media are a criminal enterprise!)
To: Hydroshock
Dunno, lately there is a trend of the Fed holding over the Economy until a new President is elected and then they dump in his lap.
They did it to Bush, and they will do it to the next President as well.
8 posted on
09/08/2006 11:03:38 AM PDT by
Marius3188
( I have not told half of what I saw - Marco Polo)
To: Hydroshock
I see you love talking down the economy just like a good little democrat. You make willy green look like an optimist, except you don't talk about high speed rail much.
In my area, house prices have not driopped one bit. I wish like hell they would, I'm planniing on buying soon.
I am in the construction industry. We are flat out busy. The State of Connecticut can't get people to bid work because they are all way tooo busy. We can't get enough help because they all have good jobs already. We have to bring in rental equipment from Ohio because there is none available in New England. It's all out working.
We have 80% of next years workload already filled.
Recession, my A$$!
9 posted on
09/08/2006 11:06:03 AM PDT by
Toby06
To: Hydroshock
We're DOOOOMMMMED!!! BUSH'S FAULT! /moonbat
12 posted on
09/08/2006 11:34:23 AM PDT by
JamesP81
("Never let your schooling interfere with your education" --Mark Twain)
To: Hydroshock
Yep, the risks of a recession grow every single day the expansion continues.
Even the Clintons couldn't repeal the business cycle.
14 posted on
09/08/2006 12:03:51 PM PDT by
cosine
To: Hydroshock
Must be election season...
18 posted on
09/08/2006 12:16:47 PM PDT by
Antoninus
(I don't vote for liberals, regardless of party.)
To: Hydroshock
Over two years ago HSBC predicted the Housing Bubble would crash then in a
Business Week article:Rather than a sudden wallop, the economic impact would be gradual and grinding. Ian Morris, U.S. economist at HSBC Securities Inc. (HBC ), estimates that housing prices nationally will slide 5% to 10% over the next five years. That could cause economic growth to slow to 2% by the second half of 2005 from 4% now, he predicts in a report called The U.S. Housing Bubble.
I am not buying their latest economic outlook either.
To: Hydroshock
It looks like we are entering another time much like the Reagan era "rolling recessions" of the mid-80s. Some regions of the country will expand economically, while others contract.
The coasts look weakest, due to adjustment of real estate values following the recent boom in prices. The South looks pretty good, money is chasing toward the cheaper real estate found is those areas. The Central/West is doing pretty well as a result of fairly valued real estate and the energy boom.
Oil prices will not decline enough to stop the energy expansion, OPEC is already lowering production.
Since most big media is on the coasts, the situation will be painted as dire, even though this is a continuation of a cycle that has been taking place for several decades.
If the prediction of 1.9% growth is correct (which I doubt, 2.5% is more likely), lower interest rates are coming, which will help real estate even more in the Central/West/South.
Sorry to carry on for so long, but it's my business to predict these matters, and I would be out of business by now if I had been wrong too often over the last 25 years. Time will tell, as always, and I only have to be reasonably close to survive, since mid-course adjustments can be made.
21 posted on
09/08/2006 12:26:43 PM PDT by
SaxxonWoods
(Free Iran! WARNING! Forbidden Cartoon: .. . *-O(( :-{>. . . .)
To: Hydroshock
wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;wolf!;
25 posted on
09/08/2006 12:30:39 PM PDT by
verity
(The MSM is comprised of useless eaters)
To: Hydroshock
Investment bank HSBC has revised downward its forecast for 2007 economic growth and cautioned that the risk of an outright recession is growing as a retreat in housing threatens household balance sheets. So just because the econmetric expectations of the US don't fit HSBC's rosy projected future we'er in danger of a recession? Please ....
31 posted on
09/08/2006 12:36:41 PM PDT by
Centurion2000
(Property tax is feudalism. Income taxes are armed robbery of the minority by the majority.)
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