You're not alone in the confusion department, but I'm sure that there are big changes coming in the way many have been looking at both the economy and the financial markets. If you haven't done it already, I suggest that you follow the Roger Arnold links that I posted on yesterday's and today's Market WrapUp's. It is like getting a 6 hour seminar from some of the best financial thinkers out there and it won't cost you a single dime just some of your time. Most people don't want to do the "homework" so they tune-in to CNBC for 30 min and take the garbage they hear there as truth. Listen to the Arnold interviews and shows and you will be able to make your own investment decisions without getting taken by the scam artists and Wall Street criminals.
Richard W.
Yes !
Will the real estate bubble burst or not?
Yes !
Is it a good time to buy house?
Depends. It is always a good time to own real estate. It is not a good time to be in debt for the illusion of owning real estate.
Do earnings generated by cost cutting mean anything?
Yes, but they are in the noise.