|
Lower consumer confidence and sentiment numbers will manifest slowing economy
Peter oberois
Jun. 24, 2007
The stock market is showing signs of a well-developed long-term elliptic top. That means the start of a meltdown may have started. The consumer confidence and consumer sentiment numbers out this week will point to weakening consumer buying effected by higher interest rates, higher gas prices, lower home prices, and worsening job market in the higher end for jobs that can pay decent mortgages.
The consumers contribute close to 70% of the economic growth. A collapse in the confidence index points to the underlying weakness in the economy. The sentiment index weakness points to the possibility of severe recession in the economy.
The stock market is getting down to the earth, as it understands what is really going on in the main street. Middle class folks are tired of borrowing and paying into the inefficiencies of the economy.
The effect can be devastating for the stock market. If long rates rise because of commodity inflation and wage inflation in Asia, the stocks will really collapse.
SMART LIVING & INVST. ARTICLES
Negotiate with your bank and lower your mortgage rates, negotiate and lower your property tax – falling real estate presents some advantage
Mike Moran
Try and convince your tax assessor to lower the tax on your property. If needed get your home appraised again. You can eventually take the help of the court for tax appeal. READ MORE>>
Higher inflation, lower short-term rates can push gold to $1500 an ounce – but what the long term prospect of the yellow metal?
Tania Sailor
So gold is a total winner isn’t it? Well before thinking about the gold homerun, let us analyze a few things. READ MORE>>
Business confidence weakening manifested by this week’s weak durable goods number
Sam Adelton
The business confidence index is lower. The small businesses that really contribute to growth are reporting trouble. The energy cost is high. The rates are getting higher. The input materials cost double what it used to be three or four years back. READ MORE>>
Take control of your IRA and Roth IRA – do not let collapsing stock market take your dream retirement from you
Fred Day
What can you do to earn handsome returns for your retirement funds if you decide to say good bye to stock market? The answer lies in commodity futures market. You can still stock index futures. READ MORE>>
Lower consumer confidence and sentiment numbers will manifest slowing economy
Peter oberois
The consumers contribute close to 70% of the economic growth. A collapse in the confidence index points to the underlying weakness in the economy. The sentiment index weakness points to the possibility of severe recession in the economy. READ MORE>>
Little improvement in existing home sales makes Fed nervous – short term rates start predicting rate cut
Karen Zuba
The real estate market collapse and slow decay of price and equity in the ‘middle class piggy bank – the home’ will put severe pressure on Fed from the Democratic Congress. READ MORE>>
Can long bond yield move towards 3%? What happens if the economy plunges into depression and deflation?
Sam Adelton
Long bond yield in the future is the biggest suspense out there in the minds of the investors. The recent sharp moves downwards in typical of an extreme anti-climax move that normally happens before a long-term trend starts in the reverse direction. READ MORE>>
MORE ARTICLES >>
|