Archive - Sep 28, 2012 - Blog entry
The Pauperization Of Japan
Submitted by testosteronepit on 09/28/2012 20:03 -0500The plight of the salaryman
American Media Drums Up Support for War … Again
Submitted by George Washington on 09/28/2012 19:14 -0500
A simple strategy to gain some peace of mind, and at least feel like you are sticking it to the banks.
Submitted by hedgeless_horseman on 09/28/2012 12:16 -0500Are you afraid of bank runs, or just simply hate today's banks? Want to practice disintermediation, but still need to make purchases online and pay regular bills?
When big money chases rentals
Submitted by drhousingbubble on 09/28/2012 11:18 -0500Another interesting trend courtesy of the low interest rate environment created by the Federal Reserve is the feverish chase for yield. In a previous article we discussed that a large part of the higher rental prices were coming from a segment that had lost their homes via foreclosure. Since the housing bubble popped millions of Americans have lost their homes. As the report also found, many of those stayed within the same area but likely shifted to a single-family rental or an apartment. What we did not discuss however is how investors are playing a role in pushing up rental yields as well. As bigger blocks of large investors purchase distressed properties, many add value to the property and try to push rental prices upwards. I saw a presentation a few months ago of some local investors in Southern California purchasing older apartment buildings (some built in the 1970s) and upgrading them to more modern standards. Once the upgrades were complete, these investors pushed rents up by 7 to 10 percent. What impact is the flood of investors having on the market?
28 Sep 2012 – “ After The Rain Has Fallen ” (Sting, 1999)
Submitted by AVFMS on 09/28/2012 11:06 -0500Bizarrely, and even after slapping my screens several times to make sure things were working, real opening levels in EGBs very quite simply FLAT. All flat! Haven’t seen that in ages!
Had to slap my screens again tonight, given the tons of “unchanged” data in EGBs. Have decorrelated from equities, as has the USD (closing about unchanged).
