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pemeliza
Participantsdrealtor, what in your opinion is a good price for this home:
http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009
thanks
pemeliza
Participantsdrealtor, what in your opinion is a good price for this home:
http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009
thanks
pemeliza
ParticipantI know a lot of others follow Mish’s thread. This is a recent post by Black Swan that echoes my current sentiments regarding treasuries.
“On the other hand, secret Fed policy could end up firming oil prices. Looking back at yesterday’s stock market rally, I couldn’t help but notice that not only were stock prices up, but oil prices were up almost 7%, and 10-yr Treasuries were up, as their yields dipped below 3% at one point. With a strong stock market and higher oil prices, a firming bond market makes no sense. Why would there be a flight to safety? There wasn’t. The only thing that makes sense on those plunging long term yields is that the Fed has started to monetize the bond market with TARP money, or some other money created out of thin air. With foreign central banks buying less US debt, how else could this have happened. Bernanke had outlined monetizing the bond market in his 11/2002 speech. That was the same speech in which he outlined the TARP. If I’m right about this, and foreign central banks catch on, the USD could sink.”
pemeliza
ParticipantI know a lot of others follow Mish’s thread. This is a recent post by Black Swan that echoes my current sentiments regarding treasuries.
“On the other hand, secret Fed policy could end up firming oil prices. Looking back at yesterday’s stock market rally, I couldn’t help but notice that not only were stock prices up, but oil prices were up almost 7%, and 10-yr Treasuries were up, as their yields dipped below 3% at one point. With a strong stock market and higher oil prices, a firming bond market makes no sense. Why would there be a flight to safety? There wasn’t. The only thing that makes sense on those plunging long term yields is that the Fed has started to monetize the bond market with TARP money, or some other money created out of thin air. With foreign central banks buying less US debt, how else could this have happened. Bernanke had outlined monetizing the bond market in his 11/2002 speech. That was the same speech in which he outlined the TARP. If I’m right about this, and foreign central banks catch on, the USD could sink.”
pemeliza
ParticipantI know a lot of others follow Mish’s thread. This is a recent post by Black Swan that echoes my current sentiments regarding treasuries.
“On the other hand, secret Fed policy could end up firming oil prices. Looking back at yesterday’s stock market rally, I couldn’t help but notice that not only were stock prices up, but oil prices were up almost 7%, and 10-yr Treasuries were up, as their yields dipped below 3% at one point. With a strong stock market and higher oil prices, a firming bond market makes no sense. Why would there be a flight to safety? There wasn’t. The only thing that makes sense on those plunging long term yields is that the Fed has started to monetize the bond market with TARP money, or some other money created out of thin air. With foreign central banks buying less US debt, how else could this have happened. Bernanke had outlined monetizing the bond market in his 11/2002 speech. That was the same speech in which he outlined the TARP. If I’m right about this, and foreign central banks catch on, the USD could sink.”
pemeliza
ParticipantI know a lot of others follow Mish’s thread. This is a recent post by Black Swan that echoes my current sentiments regarding treasuries.
“On the other hand, secret Fed policy could end up firming oil prices. Looking back at yesterday’s stock market rally, I couldn’t help but notice that not only were stock prices up, but oil prices were up almost 7%, and 10-yr Treasuries were up, as their yields dipped below 3% at one point. With a strong stock market and higher oil prices, a firming bond market makes no sense. Why would there be a flight to safety? There wasn’t. The only thing that makes sense on those plunging long term yields is that the Fed has started to monetize the bond market with TARP money, or some other money created out of thin air. With foreign central banks buying less US debt, how else could this have happened. Bernanke had outlined monetizing the bond market in his 11/2002 speech. That was the same speech in which he outlined the TARP. If I’m right about this, and foreign central banks catch on, the USD could sink.”
pemeliza
ParticipantI know a lot of others follow Mish’s thread. This is a recent post by Black Swan that echoes my current sentiments regarding treasuries.
“On the other hand, secret Fed policy could end up firming oil prices. Looking back at yesterday’s stock market rally, I couldn’t help but notice that not only were stock prices up, but oil prices were up almost 7%, and 10-yr Treasuries were up, as their yields dipped below 3% at one point. With a strong stock market and higher oil prices, a firming bond market makes no sense. Why would there be a flight to safety? There wasn’t. The only thing that makes sense on those plunging long term yields is that the Fed has started to monetize the bond market with TARP money, or some other money created out of thin air. With foreign central banks buying less US debt, how else could this have happened. Bernanke had outlined monetizing the bond market in his 11/2002 speech. That was the same speech in which he outlined the TARP. If I’m right about this, and foreign central banks catch on, the USD could sink.”
pemeliza
ParticipantSDR, I know this sounds like conspiracy theory but I would not be at all surprised if the fed itself is buying 10 year treasuries. I think it is called monetizing the long end of the curve.
They could either literally print money and buy the 10 year or use short-term treasury funds which apparantly have an insatiable demand. They obviously intend to print money to buy mortage securities.
The biggest riddle to me is the 3-month at 10 basis points. I mean you can still get 2-3 percent in a ultra short term federally insured bank CD.
Another point of astonishment is the explosion of the Fed’s balance sheet. Remember when 700 billion was a lot of money? The fed is now throwing money like that around on a weekly or even a daily basis.
Obviously, the fed desparately wants to reignite the housing market. They have made it clear that they believe that is the only way out of this mess and are betting the future of this country on their ability to do so.
Desirable places like San Diego or going to benefit first and I think we are already starting to see that.
pemeliza
ParticipantSDR, I know this sounds like conspiracy theory but I would not be at all surprised if the fed itself is buying 10 year treasuries. I think it is called monetizing the long end of the curve.
They could either literally print money and buy the 10 year or use short-term treasury funds which apparantly have an insatiable demand. They obviously intend to print money to buy mortage securities.
The biggest riddle to me is the 3-month at 10 basis points. I mean you can still get 2-3 percent in a ultra short term federally insured bank CD.
Another point of astonishment is the explosion of the Fed’s balance sheet. Remember when 700 billion was a lot of money? The fed is now throwing money like that around on a weekly or even a daily basis.
Obviously, the fed desparately wants to reignite the housing market. They have made it clear that they believe that is the only way out of this mess and are betting the future of this country on their ability to do so.
Desirable places like San Diego or going to benefit first and I think we are already starting to see that.
pemeliza
ParticipantSDR, I know this sounds like conspiracy theory but I would not be at all surprised if the fed itself is buying 10 year treasuries. I think it is called monetizing the long end of the curve.
They could either literally print money and buy the 10 year or use short-term treasury funds which apparantly have an insatiable demand. They obviously intend to print money to buy mortage securities.
The biggest riddle to me is the 3-month at 10 basis points. I mean you can still get 2-3 percent in a ultra short term federally insured bank CD.
Another point of astonishment is the explosion of the Fed’s balance sheet. Remember when 700 billion was a lot of money? The fed is now throwing money like that around on a weekly or even a daily basis.
Obviously, the fed desparately wants to reignite the housing market. They have made it clear that they believe that is the only way out of this mess and are betting the future of this country on their ability to do so.
Desirable places like San Diego or going to benefit first and I think we are already starting to see that.
pemeliza
ParticipantSDR, I know this sounds like conspiracy theory but I would not be at all surprised if the fed itself is buying 10 year treasuries. I think it is called monetizing the long end of the curve.
They could either literally print money and buy the 10 year or use short-term treasury funds which apparantly have an insatiable demand. They obviously intend to print money to buy mortage securities.
The biggest riddle to me is the 3-month at 10 basis points. I mean you can still get 2-3 percent in a ultra short term federally insured bank CD.
Another point of astonishment is the explosion of the Fed’s balance sheet. Remember when 700 billion was a lot of money? The fed is now throwing money like that around on a weekly or even a daily basis.
Obviously, the fed desparately wants to reignite the housing market. They have made it clear that they believe that is the only way out of this mess and are betting the future of this country on their ability to do so.
Desirable places like San Diego or going to benefit first and I think we are already starting to see that.
pemeliza
ParticipantSDR, I know this sounds like conspiracy theory but I would not be at all surprised if the fed itself is buying 10 year treasuries. I think it is called monetizing the long end of the curve.
They could either literally print money and buy the 10 year or use short-term treasury funds which apparantly have an insatiable demand. They obviously intend to print money to buy mortage securities.
The biggest riddle to me is the 3-month at 10 basis points. I mean you can still get 2-3 percent in a ultra short term federally insured bank CD.
Another point of astonishment is the explosion of the Fed’s balance sheet. Remember when 700 billion was a lot of money? The fed is now throwing money like that around on a weekly or even a daily basis.
Obviously, the fed desparately wants to reignite the housing market. They have made it clear that they believe that is the only way out of this mess and are betting the future of this country on their ability to do so.
Desirable places like San Diego or going to benefit first and I think we are already starting to see that.
pemeliza
ParticipantSay it isn’t so Joe also don’t you know wink nod wink
” The borrower, who lives in suburban Los Angeles, took nearly $200,000 in cash out of his house and then paid less than the monthly interest due on his new loan.
He now owes about $350,000 on a house that is worth only $150,000. He asked not to be identified for fear he would not get a modification, which could reduce his mortgage to $142,500.”
pemeliza
ParticipantSay it isn’t so Joe also don’t you know wink nod wink
” The borrower, who lives in suburban Los Angeles, took nearly $200,000 in cash out of his house and then paid less than the monthly interest due on his new loan.
He now owes about $350,000 on a house that is worth only $150,000. He asked not to be identified for fear he would not get a modification, which could reduce his mortgage to $142,500.”
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