Strange Recovery
Is it strange in here, or is it just...strange?
By Vadim Pokhlebkin
5/1/2012 4:00:00 PM
Something doesn't feel right. Look at this:
Filed Under: Bob Prechter, consumer confidence, earnings, Elliott wave, home sales, Robert Prechter, S&P 500, social mood, unemployment
Category: U.S. Economy
By Bob Stokes
4/13/2012 5:15:00 PM
As bubbles balloon in individual sectors of the economy, the psychology of the pre-financial crisis days have returned. That's why it's important to remember that hardly anyone was concerned about the real estate market in 2006. Then the whole house of cards fell in. Now consider the entire global debt market: the biggest bubble of all time...
Filed Under: commercial real estate, credit crisis, debt crisis, deflation, history, home sales, housing prices, Robert Prechter
Category: U.S. Economy
By Bob Stokes
3/6/2012 5:45:00 PM
Anyone who bought near the housing mania peak was left holding the bag -- and in the bag was a mortgage that today exceeds the value of the property. Lesson learned? Apparently not...
Filed Under: foreclosures, home sales, housing prices
Category: Real Estate
By Bob Stokes
3/5/2012 5:00:00 PM
As pundits chatter about an economic recovery, municipalities are facing bankruptcy - including the largest-ever U.S. city. What's really going on?...
Filed Under: credit rating, debt downgrade, economic depression, foreclosures, home sales, junk bonds, municipal bonds
Category: U.S. Economy
By Bob Stokes
2/17/2012 5:45:00 PM
As any homeowner knows, one unexpected repair can run into the thousands of dollars. Then there's the maintenance (and other costs) you do expect, which add up to a pretty penny by the end of a given year. On the other hand, homeowners do get tax breaks. But even considering that, is a house or condominium a good investment?...
Filed Under: foreclosures, home sales, housing prices, Robert Prechter
Category: Real Estate
By Bob Stokes
1/31/2012 5:45:00 PM
Will the wide swaths of vacant homes now visible in Detroit, Cleveland, Las Vegas and Florida become common elsewhere?...
Filed Under: consumer confidence, deflation, foreclosures, home sales, housing prices
Category: Real Estate
By Robert Folsom
1/23/2012 5:45:00 PM
The difference here is that Prechter examines mostly long-term data, which is why he's able in turn to reveal the very long-term economic story. Most conventional economists only scrutinize marginal changes in monthly data. It doesn't even occur to them to study a 100-year chart, much less glean the trends that emerge from many such charts...
Filed Under: Bob Prechter, Elliott Wave Theorist, home sales, housing prices
Category: U.S. Economy
Can The Fed Rebuild The US Housing Market?
Robert Prechter's latest Elliott Wave Theorist shows you compelling evidence on whether the wait for a housing recovery is almost over
By Nico Isaac
1/23/2012 5:30:00 PM
As the leading US economists look ahead to the future, they see one glaring obstacle standing in the way to lasting recovery: the still, defunct real estate market. And, according to many mainstream experts, there is one surefire way to turn the housing sector around: government stimulus, stimulus, and more stimulus.
Filed Under: central banks, home sales, housing prices, Interest Rates, prechter, Robert Prechter, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET, Wall Street
Category: Real Estate
By Robert Folsom
12/15/2011 11:00:00 AM
In this already-bizarre news story, the most bizarre sentence may be this: "The... revisions will be published next Wednesday and will not affect house prices." Well. We'll have to wait and discover exactly how THAT can be accurate. Check my math, but: If home sales are overstated, there's a greater imbalance of too many sellers/too few buyers...
Filed Under: Elliott wave, home sales
Category: U.S. Economy