Now start Predictions for 2009

[carlsbadworker]

[quote=TheBreeze]I’m confused how the Fed can print money in order to buy $500 billion in MBS/CDO/etc without a spike in gold or treasury rates or a decrease in the value of the dollar. The Fed just announced that they are starting their purchases today, but gold is down quite a bit, the dollar is up pretty huge, and treasuries appear to be holding steady. It makes me think that the demand for U.S. debt is just insatiable. [/quote]

Actually here is the symptom of the next bubble: dollar/US-treasury is traded in a price range that does not make sense. However, I believe it is only the beginning stage of the bubble, when the world economy brings the rest of the world onto their knees, that bubble will peak. Once the world economy is back on its foot, everyone will realize that they are holding a ton of worthless paper. That’s when the real dire consequence that predicted by some of the doomsday predictors on this site might happen.

I agree that we will see some dead-cat bounce before then…until the root cause of the issue (U.S. debt bomb) would be finally challenged.

[Scarlett]

Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…

[Scarlett]

Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…

[Scarlett]

Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…

[Scarlett]

Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…

[Scarlett]

Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…

[peterb]

The bad half is about to begin.

[peterb]

The bad half is about to begin.

[peterb]

The bad half is about to begin.

[peterb]

The bad half is about to begin.

[peterb]

The bad half is about to begin.

[5yearwaiter]

[quote=Scarlett]Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…[/quote]

I wouldn’t worry about first half which was just made up by Obamanomics… and may be still more to come from Fed. However the end would be really dry if any of those economic – calculations mislead us. Let’s wait n see but no guts to buy home of 600K worth and throwing anohther additional 500 as Mellarose 🙂 in this kind of unpredictable situation.

[5yearwaiter]

[quote=Scarlett]Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…[/quote]

I wouldn’t worry about first half which was just made up by Obamanomics… and may be still more to come from Fed. However the end would be really dry if any of those economic – calculations mislead us. Let’s wait n see but no guts to buy home of 600K worth and throwing anohther additional 500 as Mellarose 🙂 in this kind of unpredictable situation.

[5yearwaiter]

[quote=Scarlett]Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…[/quote]

I wouldn’t worry about first half which was just made up by Obamanomics… and may be still more to come from Fed. However the end would be really dry if any of those economic – calculations mislead us. Let’s wait n see but no guts to buy home of 600K worth and throwing anohther additional 500 as Mellarose 🙂 in this kind of unpredictable situation.

[5yearwaiter]

[quote=Scarlett]Bump!

We are almost halfway through 2009, how are we doing?
Whose predictions seem on the right track?
How much have the prices declined in CV, 4S, RB, PQ so far ( in the ranges mentioned), e.g. May YOY?
I have a feeling that most predictions overestimated the price drops, but I may be wrong.
The mortgage rates are inching up…[/quote]

I wouldn’t worry about first half which was just made up by Obamanomics… and may be still more to come from Fed. However the end would be really dry if any of those economic – calculations mislead us. Let’s wait n see but no guts to buy home of 600K worth and throwing anohther additional 500 as Mellarose 🙂 in this kind of unpredictable situation.

[Author]

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