The weather has cleared up in the Dallas area, which is a blessing. The last five days have been the worst weather in about 15 years.
My prediction is the Packers will win, 31-28.
It should be a geat game.
Super Bowl Thread
Moderator: Global Moderator
Super Bowl Thread
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Super Bowl Thread
Packers win 31-25.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Super Bowl Thread
Touche'.
Got any stock tips?
Got any stock tips?
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "
Re: Super Bowl Thread
I think MT would say buy LT bonds like crazy.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Super Bowl Thread
LT bonds are the only thing that looks really cheap to me right now.moda0306 wrote: I think MT would say buy LT bonds like crazy.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Super Bowl Thread
MT, I agree with you. I think the story of the decade is going to be deleveraging (which tends to be self-fulfilling and definitely deflationary), and any releveraging is unsustainable and going to be bubblish in my opinion (like what we're seeing right now).
What do you see the housing market doing?
What do you see the housing market doing?
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Super Bowl Thread
It will continue grinding lower, with pockets of strength around the country.moda0306 wrote: What do you see the housing market doing?
Here's why:
1. Large shadow inventory of foreclosures and people who are trying to wait out the market
2. Rising interest rates will blunt demand for new mortgages
3. Tighter loan standards
4. Over-valuation of housing in general relative to income available to service mortgage debt
5. State and local governments raising property taxes to plug holes in their balance sheets (higher property taxes=lower property value)
6. Secular shift among consumers toward less debt in general will reduce appetite for high levels of mortgage debt
7. Fewer renters moving into home ownership because they cannot get the down payment together
With all that said, I would imagine that lower priced housing will hold up better than higher priced housing, as the higher priced people downsize into something they can actually afford. Demographic trends should also strengthen demand for lower square footage (and presumably lower priced) housing.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Super Bowl Thread
That reminds me of this article:
"Why buying gold may be better financially than buying a house
http://www.philly.com/philly/business/p ... route.html
"Why buying gold may be better financially than buying a house
http://www.philly.com/philly/business/p ... route.html
"Well, if you're gonna sin you might as well be original" -- Mike "The Cool-Person"
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
"Yeah, well, that’s just, like, your opinion, man" -- The Dude