[LA_Renter]

“the vast majority of the action is still in outlying areas and lower priced/less desirable areas.”

It makes me wonder if we will start seeing the true impact of the Option Arms this year. From what I am reading those are resetting in earnest starting right about now. That gun is loaded and aimed at the desirable areas. Time will tell.

[LA_Renter]

“the vast majority of the action is still in outlying areas and lower priced/less desirable areas.”

It makes me wonder if we will start seeing the true impact of the Option Arms this year. From what I am reading those are resetting in earnest starting right about now. That gun is loaded and aimed at the desirable areas. Time will tell.

[LA_Renter]

“the vast majority of the action is still in outlying areas and lower priced/less desirable areas.”

It makes me wonder if we will start seeing the true impact of the Option Arms this year. From what I am reading those are resetting in earnest starting right about now. That gun is loaded and aimed at the desirable areas. Time will tell.

[LA_Renter]

“the vast majority of the action is still in outlying areas and lower priced/less desirable areas.”

It makes me wonder if we will start seeing the true impact of the Option Arms this year. From what I am reading those are resetting in earnest starting right about now. That gun is loaded and aimed at the desirable areas. Time will tell.

[LA_Renter]

“the vast majority of the action is still in outlying areas and lower priced/less desirable areas.”

It makes me wonder if we will start seeing the true impact of the Option Arms this year. From what I am reading those are resetting in earnest starting right about now. That gun is loaded and aimed at the desirable areas. Time will tell.

[LA_Renter]

“On a year-over-year basis, November retail sales increased 6.9%. So far, consumers are learning to deal with the taxing effect of high energy prices.”

Consumers are learning to deal with higher energy and a housing depression?? I aint buying into that. Here is a look at Dec retail numbers.

“Retailers Report Weak Results for December As Gas Prices, Slumping Housing Market Take Toll

NEW YORK (AP) — An already weak holiday shopping season turned out to be even worse than expected for many of the nation’s retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.

The weak results came from across all retail categories, and prompted many stores to lower their fourth-quarter earnings forecasts. Particularly hard hit were apparel sellers including Limited Brands Inc. and AnnTaylor Stores Corp., as well as department stores including Macy’s Inc. Among the few bright spots was Wal-Mart Stores Inc., which posted results that exceeded Wall Street expectations, as it benefited from shoppers trading down to cheaper stores amid higher gas prices and a slumping housing market.”

I do think that exports are the bright spot in this whole picture. And that is a wild card on how much it impacts job growth. Again the debate seems to be surrounding this decoupling from the US thing. To me decoupling is sounding more and more like rhetoric and not fact. The US economy is still large enough to trigger a global recession. If that happens it will throw water on our exports. It is the extent of the housing slump and resulting credit crunch and its true impact on the consumer that is being underestimated here IMHO. Lets be honest this is not an easy year figuring out where to put your money.

[LA_Renter]

“On a year-over-year basis, November retail sales increased 6.9%. So far, consumers are learning to deal with the taxing effect of high energy prices.”

Consumers are learning to deal with higher energy and a housing depression?? I aint buying into that. Here is a look at Dec retail numbers.

“Retailers Report Weak Results for December As Gas Prices, Slumping Housing Market Take Toll

NEW YORK (AP) — An already weak holiday shopping season turned out to be even worse than expected for many of the nation’s retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.

The weak results came from across all retail categories, and prompted many stores to lower their fourth-quarter earnings forecasts. Particularly hard hit were apparel sellers including Limited Brands Inc. and AnnTaylor Stores Corp., as well as department stores including Macy’s Inc. Among the few bright spots was Wal-Mart Stores Inc., which posted results that exceeded Wall Street expectations, as it benefited from shoppers trading down to cheaper stores amid higher gas prices and a slumping housing market.”

I do think that exports are the bright spot in this whole picture. And that is a wild card on how much it impacts job growth. Again the debate seems to be surrounding this decoupling from the US thing. To me decoupling is sounding more and more like rhetoric and not fact. The US economy is still large enough to trigger a global recession. If that happens it will throw water on our exports. It is the extent of the housing slump and resulting credit crunch and its true impact on the consumer that is being underestimated here IMHO. Lets be honest this is not an easy year figuring out where to put your money.

[LA_Renter]

“On a year-over-year basis, November retail sales increased 6.9%. So far, consumers are learning to deal with the taxing effect of high energy prices.”

Consumers are learning to deal with higher energy and a housing depression?? I aint buying into that. Here is a look at Dec retail numbers.

“Retailers Report Weak Results for December As Gas Prices, Slumping Housing Market Take Toll

NEW YORK (AP) — An already weak holiday shopping season turned out to be even worse than expected for many of the nation’s retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.

The weak results came from across all retail categories, and prompted many stores to lower their fourth-quarter earnings forecasts. Particularly hard hit were apparel sellers including Limited Brands Inc. and AnnTaylor Stores Corp., as well as department stores including Macy’s Inc. Among the few bright spots was Wal-Mart Stores Inc., which posted results that exceeded Wall Street expectations, as it benefited from shoppers trading down to cheaper stores amid higher gas prices and a slumping housing market.”

I do think that exports are the bright spot in this whole picture. And that is a wild card on how much it impacts job growth. Again the debate seems to be surrounding this decoupling from the US thing. To me decoupling is sounding more and more like rhetoric and not fact. The US economy is still large enough to trigger a global recession. If that happens it will throw water on our exports. It is the extent of the housing slump and resulting credit crunch and its true impact on the consumer that is being underestimated here IMHO. Lets be honest this is not an easy year figuring out where to put your money.

[LA_Renter]

“On a year-over-year basis, November retail sales increased 6.9%. So far, consumers are learning to deal with the taxing effect of high energy prices.”

Consumers are learning to deal with higher energy and a housing depression?? I aint buying into that. Here is a look at Dec retail numbers.

“Retailers Report Weak Results for December As Gas Prices, Slumping Housing Market Take Toll

NEW YORK (AP) — An already weak holiday shopping season turned out to be even worse than expected for many of the nation’s retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.

The weak results came from across all retail categories, and prompted many stores to lower their fourth-quarter earnings forecasts. Particularly hard hit were apparel sellers including Limited Brands Inc. and AnnTaylor Stores Corp., as well as department stores including Macy’s Inc. Among the few bright spots was Wal-Mart Stores Inc., which posted results that exceeded Wall Street expectations, as it benefited from shoppers trading down to cheaper stores amid higher gas prices and a slumping housing market.”

I do think that exports are the bright spot in this whole picture. And that is a wild card on how much it impacts job growth. Again the debate seems to be surrounding this decoupling from the US thing. To me decoupling is sounding more and more like rhetoric and not fact. The US economy is still large enough to trigger a global recession. If that happens it will throw water on our exports. It is the extent of the housing slump and resulting credit crunch and its true impact on the consumer that is being underestimated here IMHO. Lets be honest this is not an easy year figuring out where to put your money.

[LA_Renter]

“On a year-over-year basis, November retail sales increased 6.9%. So far, consumers are learning to deal with the taxing effect of high energy prices.”

Consumers are learning to deal with higher energy and a housing depression?? I aint buying into that. Here is a look at Dec retail numbers.

“Retailers Report Weak Results for December As Gas Prices, Slumping Housing Market Take Toll

NEW YORK (AP) — An already weak holiday shopping season turned out to be even worse than expected for many of the nation’s retailers, who reported Thursday they had disappointing sales results for December. The poor performance raised more concerns about consumer spending, and in turn, the health of the economy.

The weak results came from across all retail categories, and prompted many stores to lower their fourth-quarter earnings forecasts. Particularly hard hit were apparel sellers including Limited Brands Inc. and AnnTaylor Stores Corp., as well as department stores including Macy’s Inc. Among the few bright spots was Wal-Mart Stores Inc., which posted results that exceeded Wall Street expectations, as it benefited from shoppers trading down to cheaper stores amid higher gas prices and a slumping housing market.”

I do think that exports are the bright spot in this whole picture. And that is a wild card on how much it impacts job growth. Again the debate seems to be surrounding this decoupling from the US thing. To me decoupling is sounding more and more like rhetoric and not fact. The US economy is still large enough to trigger a global recession. If that happens it will throw water on our exports. It is the extent of the housing slump and resulting credit crunch and its true impact on the consumer that is being underestimated here IMHO. Lets be honest this is not an easy year figuring out where to put your money.

[LA_Renter]

“Does this mean I am safer being in an Overseas fund or will this affect all markets?”

I am asking that same question myself and people much much smarter than me are also asking that question. Is the world decoupled from the US Consumer?? Peter Schiff seems to think so, I’m not so sure. Here are some quotes from an Australian article

“You’ve got weakening US jobs numbers keeping the US dollar well under pressure,” RBC Capital Markets senior currency strategist Sue Trinh said. “But the Aussie dollar is not able to derive the full benefit of that with the market also equally concerned about global growth implication from the US economy slowing.”

Ms Trinh said the dollar was still beholden to the view that a slowdown in US growth would have a significant impact on global growth, despite the tightening biases of both the Australian and European central banks.

“At the moment there is a camp that is of the belief that the global economy can decouple from the US slowing,” she said.

“Certainly that’s the rhetoric that we’ve seen from the ECB and to a degree the RBA have maintained a reasonably cautious outlook on that.”

But ANZ senior interest rate strategist Sally Auld said the Australian dollar’s failure to push back above US90c was indicative of a much broader weakening in the global economy.

The unit hit a 23-year high of US94c in November, following a recovery from its sharp descent during the breakout of the August US sub-prime mortgage crisis.

However, Ms Auld doesn’t believe the currency is likely to break above US90c in the near term.

“It’s been a slow grind lower for the last six weeks or so,” she said. “The Aussie dollar is renowned in a big-picture way for being one of the better global leading indicators, so it could be telling us quite a powerful story about how this is all going to play out.”

Personally I am making my way to the deflation camp. I don’t think the world is that decoupled from the US and I do think this is going to be a significant recession.

[LA_Renter]

“Does this mean I am safer being in an Overseas fund or will this affect all markets?”

I am asking that same question myself and people much much smarter than me are also asking that question. Is the world decoupled from the US Consumer?? Peter Schiff seems to think so, I’m not so sure. Here are some quotes from an Australian article

“You’ve got weakening US jobs numbers keeping the US dollar well under pressure,” RBC Capital Markets senior currency strategist Sue Trinh said. “But the Aussie dollar is not able to derive the full benefit of that with the market also equally concerned about global growth implication from the US economy slowing.”

Ms Trinh said the dollar was still beholden to the view that a slowdown in US growth would have a significant impact on global growth, despite the tightening biases of both the Australian and European central banks.

“At the moment there is a camp that is of the belief that the global economy can decouple from the US slowing,” she said.

“Certainly that’s the rhetoric that we’ve seen from the ECB and to a degree the RBA have maintained a reasonably cautious outlook on that.”

But ANZ senior interest rate strategist Sally Auld said the Australian dollar’s failure to push back above US90c was indicative of a much broader weakening in the global economy.

The unit hit a 23-year high of US94c in November, following a recovery from its sharp descent during the breakout of the August US sub-prime mortgage crisis.

However, Ms Auld doesn’t believe the currency is likely to break above US90c in the near term.

“It’s been a slow grind lower for the last six weeks or so,” she said. “The Aussie dollar is renowned in a big-picture way for being one of the better global leading indicators, so it could be telling us quite a powerful story about how this is all going to play out.”

Personally I am making my way to the deflation camp. I don’t think the world is that decoupled from the US and I do think this is going to be a significant recession.

[LA_Renter]

“Does this mean I am safer being in an Overseas fund or will this affect all markets?”

I am asking that same question myself and people much much smarter than me are also asking that question. Is the world decoupled from the US Consumer?? Peter Schiff seems to think so, I’m not so sure. Here are some quotes from an Australian article

“You’ve got weakening US jobs numbers keeping the US dollar well under pressure,” RBC Capital Markets senior currency strategist Sue Trinh said. “But the Aussie dollar is not able to derive the full benefit of that with the market also equally concerned about global growth implication from the US economy slowing.”

Ms Trinh said the dollar was still beholden to the view that a slowdown in US growth would have a significant impact on global growth, despite the tightening biases of both the Australian and European central banks.

“At the moment there is a camp that is of the belief that the global economy can decouple from the US slowing,” she said.

“Certainly that’s the rhetoric that we’ve seen from the ECB and to a degree the RBA have maintained a reasonably cautious outlook on that.”

But ANZ senior interest rate strategist Sally Auld said the Australian dollar’s failure to push back above US90c was indicative of a much broader weakening in the global economy.

The unit hit a 23-year high of US94c in November, following a recovery from its sharp descent during the breakout of the August US sub-prime mortgage crisis.

However, Ms Auld doesn’t believe the currency is likely to break above US90c in the near term.

“It’s been a slow grind lower for the last six weeks or so,” she said. “The Aussie dollar is renowned in a big-picture way for being one of the better global leading indicators, so it could be telling us quite a powerful story about how this is all going to play out.”

Personally I am making my way to the deflation camp. I don’t think the world is that decoupled from the US and I do think this is going to be a significant recession.

[LA_Renter]

“Does this mean I am safer being in an Overseas fund or will this affect all markets?”

I am asking that same question myself and people much much smarter than me are also asking that question. Is the world decoupled from the US Consumer?? Peter Schiff seems to think so, I’m not so sure. Here are some quotes from an Australian article

“You’ve got weakening US jobs numbers keeping the US dollar well under pressure,” RBC Capital Markets senior currency strategist Sue Trinh said. “But the Aussie dollar is not able to derive the full benefit of that with the market also equally concerned about global growth implication from the US economy slowing.”

Ms Trinh said the dollar was still beholden to the view that a slowdown in US growth would have a significant impact on global growth, despite the tightening biases of both the Australian and European central banks.

“At the moment there is a camp that is of the belief that the global economy can decouple from the US slowing,” she said.

“Certainly that’s the rhetoric that we’ve seen from the ECB and to a degree the RBA have maintained a reasonably cautious outlook on that.”

But ANZ senior interest rate strategist Sally Auld said the Australian dollar’s failure to push back above US90c was indicative of a much broader weakening in the global economy.

The unit hit a 23-year high of US94c in November, following a recovery from its sharp descent during the breakout of the August US sub-prime mortgage crisis.

However, Ms Auld doesn’t believe the currency is likely to break above US90c in the near term.

“It’s been a slow grind lower for the last six weeks or so,” she said. “The Aussie dollar is renowned in a big-picture way for being one of the better global leading indicators, so it could be telling us quite a powerful story about how this is all going to play out.”

Personally I am making my way to the deflation camp. I don’t think the world is that decoupled from the US and I do think this is going to be a significant recession.

[LA_Renter]

“Does this mean I am safer being in an Overseas fund or will this affect all markets?”

I am asking that same question myself and people much much smarter than me are also asking that question. Is the world decoupled from the US Consumer?? Peter Schiff seems to think so, I’m not so sure. Here are some quotes from an Australian article

“You’ve got weakening US jobs numbers keeping the US dollar well under pressure,” RBC Capital Markets senior currency strategist Sue Trinh said. “But the Aussie dollar is not able to derive the full benefit of that with the market also equally concerned about global growth implication from the US economy slowing.”

Ms Trinh said the dollar was still beholden to the view that a slowdown in US growth would have a significant impact on global growth, despite the tightening biases of both the Australian and European central banks.

“At the moment there is a camp that is of the belief that the global economy can decouple from the US slowing,” she said.

“Certainly that’s the rhetoric that we’ve seen from the ECB and to a degree the RBA have maintained a reasonably cautious outlook on that.”

But ANZ senior interest rate strategist Sally Auld said the Australian dollar’s failure to push back above US90c was indicative of a much broader weakening in the global economy.

The unit hit a 23-year high of US94c in November, following a recovery from its sharp descent during the breakout of the August US sub-prime mortgage crisis.

However, Ms Auld doesn’t believe the currency is likely to break above US90c in the near term.

“It’s been a slow grind lower for the last six weeks or so,” she said. “The Aussie dollar is renowned in a big-picture way for being one of the better global leading indicators, so it could be telling us quite a powerful story about how this is all going to play out.”

Personally I am making my way to the deflation camp. I don’t think the world is that decoupled from the US and I do think this is going to be a significant recession.

[Author]

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