June 26, 2011
I couldn’t help but be skeptical when the Fed justified continued quantitative easing and low interest rates by citing potential deflationary pressures in the economy. On one hand, yes, we do have high unemployment, so it’s tough to assume high inflation is imminent due specifically to strong wage growth, but when saying we have deflation […]
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June 26, 2011
It’s impossible to call a bottom in housing, unless you’re the National Association of Realtors (NAR) of course, who I think have done so monthly about 60 times in the past 5 years. However, housing obviously can’t go to zero, especially rental real estate with real cash flows. That begs the question as to whether […]
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