Home sales rebounding nicely as manifested by the Home Resale Pending data – real estate in a cyclical bull market within a secular bear market
Alan Hershey
Apr. 2, 2007

The surprising bounce back in the Home Resale Pending data manifests the nice rebound in real estate. The residential and commercial real estate is bouncing back buoyed by the extra liquidity in the system.

The unchanged Home Resales Pending data shows the real estate debacle is bottoming out for the time being. The new construction is also rebounding in the same way the UK market did last year. The pessimism in real estate went so high that a cyclical bull market within a secular bear market has formed.

Home prices as a matter of fact can rebound very nicely and the median home prices actually rise 4.5% by end of the year. The long-term bear market is not over though. The new cyclical bull market can stay alive for months and even years. Eventually real estate will crash by end of 2010.

The cyclical top in crude oil is in place and the secular bear market takes control of the chart - Iran Seeks U.K. Diplomatic Settlement
Peter Oberois
Where does oil go now? Well the scenario is simple. The oil top is in place. Crude oil fell in New York on signs Iran may step back from a confrontation with the U.K. over its detention of British naval personnel.
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Home sales rebounding nicely as manifested by the Home Resale Pending data – real estate in a cyclical bull market within a secular bear market
Alan Hershey
The surprising bounce back in the Home Resale Pending data manifests the nice rebound in real estate. The residential and commercial real estate is bouncing back buoyed by the extra liquidity in the system.
READ MORE>>

The worldwide depression will be triggered by China-US tension over trade and Chinese spying – other nations are also concerned over Chinese ambitions
Karen Zuba
China-US tension over trade is escalating. America finally understands Chinese trick of delay and do nothing tactics. China's emergence as a world trade powerhouse, blamed in the U.S. and Western Europe...
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Service companies plan to boost spending at the fastest rate in 17 years – then why is Nikkei going down? What will happen to Dow?
Sam Adelton
But Nikkei is going down. What can be the reason for Nikkei to go down when the Japanese economy is going to go through the roof? Is it an April’s fool paradox?
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The slow and steady drop in ISM Prices confirms deflation – what is the effect on the stock market?
Alan Hershey
The ISM Price index is dropping slowly but steadily. While consumer price index and producer price index shows signs of mild inflation, the price deflator and ISM Price index are showing ample sign of soft trend in prices.
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A drop in ISM Manufacturing shows recession getting near – but the bond sell the stocks
Peter Oberois
The stock market is showing ample signs of trouble, as manufacturing is getting weaker. The drop in ISM Manufacturing shows recession getting near. The real estate is also very weak. Mortgage defaults are going through the roof. Construction is down.
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Buddha goes to super PM - West Bengal Chief Minister Buddhadeb Bhattacharjee has met UPA Chairperson Sonia Gandhi and urged the Centre to frame a comprehensive policy on SEZs
Media Release
Bhattacharjee was accompnied by CPI-M Polit Bureau member Sitaram Yechury during his 30-minute meeting with Gandhi here last night.
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