by irdadmin | Jun 10, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“While the decline in housing activity has been significant and will probably continue for a while longer, I think the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.S. economy—have...
by irdadmin | Mar 22, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The stock market is is more overvalued now than at any time in U.S. history. Sure, permabulls can cherry pick certain metrics that might make valuations appear to be reasonable. But these metrics rely on historical comparisons using GAAP accounting numbers that simply...
by irdadmin | Mar 20, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Deteriorating real economic fundamentals – The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street’s brain trust, which was expecting a 0.4% gain. Keep in...
by irdadmin | Mar 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
(Note: with apologies to Carl Reiner and Steve Martin, who directed and co-wrote “The Jerk,” respectively) Just when you thought Trump’s “leadership” could not get any more insane, he adds a third ring to the circus going on at 1600...
by irdadmin | Jan 5, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“This time it’s different.” That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I’ve been hearing ads from mortgage brokers who are...
