Archive - Aug 17, 2012 - Blog entry

The dramatic rise in FHA insured loans in a time of historically low rates demonstrates two key aspects of the current American economy. The first point is that many US households have the inability to save for an adequate down payment on housing. Forget about the historical 20 percent down payment but many households cannot scrimp up even a modest 10 percent down payment.

It’s not just Japan: “That amount of radium found to date cannot be explained by gauges, deck markers, and decontamination activities.”

Even the strong falter. As the dynamics within this global economy become more severe, the strengthening local economies find it more difficult to remain on course. The situation in Australia is that the country’s currency appears to be overvalued which impedes their ability to compete in the global market place.

No, He Didn’t Say That!

Look out below!

Markets taking any negative news as additional must-have accelerators of a bail-out.

Time being of the essence.

But what if things just drag on? 

How anyone can possibly do asset management business with the Goldmans, Morgan Stanleys or JP Morgans of the world is beyond me, and to even hint that they have analysis or performance on par with the independent shops is even worse than those "yo mamma" jokes from grade school!