▲
0
0
▼

This summers rally did not produce sufficient escape velocity for a recovery


 invite response                
2012 Sep 4, 3:32am   3,240 views  5 comments

by dunnross   ➕follow (1)   💰tip   ignore  

This article explains why the investor driven rally of spring/summer 2012 is not a true recovery, and will not generate enough escape velocity to turn the market around:

http://articles.businessinsider.com/2012-04-28/markets/31424823_1_house-prices-tax-credit-period-case-schiller/3

The big difference between 2010 and this year’s stimulus primed market – most of the stimulus not even recognized as such by investors and analysts – is the quantity of “stimulants” in the housing system dwarfs the 2010 $8k tax credit.

#housing

Comments 1 - 5 of 5        Search these comments

1   edvard2   2012 Sep 4, 3:20am  

This is an almost 6 month old article. " Ancient" news by economic standards.

2   swebb   2012 Sep 4, 3:55am  

It looks like it's just over 4 months old to me. Maybe still irrelevant, but...

3   dunnross   2012 Sep 4, 4:14pm  

edvard2 says

This is an almost 6 month old article. " Ancient" news by economic standards.

So, please explain how what this article explains is no longer relevant 4 months later.

4   Mick Russom   2012 Sep 4, 5:46pm  

Running the printing press day and night. Thats the Fed/Bernanke solution to a debt hole rather than responsible deleveraging.

5   dunnross   2012 Sep 7, 10:06am  

dunnross says

This is an almost 6 month old article. " Ancient" news by economic standards.

So, please explain how what this article explains is no longer relevant 4 months later.

I guess silence is a sign of concession.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions