by irdadmin | Dec 14, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
That popping sound you just heard is the Fed popping the housing bubble. The housing bubble that it inflated with ZIRP and zero-bound credit requirements to qualify for a mortgage. But first, let’s get this out of the way: Goldman’s Jan Hatzius...
by irdadmin | Dec 14, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The yield on the 10-yr Treasury has blown out 109 basis points since July 3rd – 70 basis points since October 30th. 30yr fixed rate mortgage rates for 20% down payment buyers with a credit score of at least 720 are up 90 basis points since October 1st....
by irdadmin | Nov 15, 2016 | Financial Markets, Housing Market, U.S. Economy
You wouldn’t know it from the housing industry organizations, Wall Street or the media propaganda, but the housing market is starting to unravel. It does not matter which person or political party occupies the White House and Capitol Hill. The debt orgy that...
by irdadmin | Oct 19, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Technically, the move in the stock market that began in March 2009, when the stock market bottomed after the 2008 financial market de facto collapse, should not be termed a “bull market” because it required several trillions of Central Bank and Government...
by irdadmin | Sep 25, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals
Predictably, the FOMC once again fell flat on its face with regard to its continuous threats over the last month to hike rates. Despite the politically motivated rhetoric about the strengthening economy and tight labor market flowing from Yellen’s pie-hole, the...
