Housing Market

Sweden's Far-Right Gaining Ground As Social Problems Mount

Sweden’s liberal immigration policy may be honourable, but it does not come without problems. As social problems increase, Sweden’s far right party, the Sweden Democrats (SD) are gaining territory and will likely be the major winner in the next election.

Yellen: "Our Brand Is Crisis"

While rising interest rates may not “initially” impact asset prices, it is a far different story to suggest that they won’t. In fact, there have been absolutely ZERO times in history that the Federal Reserve has begun an interest rate hiking campaign that has not eventually led to a negative outcome.

Marc Hanson: "Everything Has Changed In Housing"

"Everything has changed. And the housing market will always and forever be drawn to fundamental, end-user, economics and demand, regardless of how diverged it gets during extraordinary economic, credit, or monetary policy cycles, such as Bubble 1.0 and now."

China Cuts Economic Growth Forecast In Annual Report: Here Are The Key Changes

As part of the previously previewed "Two Sessions" which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. Here are the key targets: GDP 6.5% (down from 6.5-7%), M2 Money Supply growth 12% (down from 13%), CPI of 2-3%, Fixed Investment growth of 9%, down from 10.5%.

Putting It All Together...

Population growth, economic growth, and resultant energy consumption are inexorably slowing. The Federal Reserve knows it can not stop this and is simply slowing the inevitable with interest rate cuts to incent greater consumption via skyrocketing credit/debt...

Guess 'Who' Just Figured Out The Fed Is Behind The Curve

"It’s like the Federal Reserve is Wayne Gretzky’s poorly coordinated older brother. Instead of skating to where the puck is going, the Fed can’t even skate to where the puck is, and is instead busy skating to where it has been."

It's Bubble Time

Wisdom & discipline will separate winners from victims...