Aug 3 2009
The Ultimate Sucker’s Rally: Record Breaking 50 Percent Stock Market Rally in 5 Months: Extreme Market Volatility Occurs in Deep Economic Recessions and Depressions. From 676 to 1002.
Incredible. We have never seen a stock market rally like this in all the history for the S&P 500. In no other time has the S&P index run up nearly 50 percent in the matter of 5 months. Extreme market volatility is the ultimate sign of market distress. Think for a minute and ask yourself [...]
Aug 1 2009
FDIC Loan Report and Plan C: Nearly Half of the $7.7 trillion in Loans Outstanding at FDIC Insured Banks are in the form of Commercial Real Estate. USPS Contracting CRE Space. Drop in Restaurant Traffic.
The commercial real estate debacle is heating up. Although the market is cheering the better than expected drop in second quarter GDP, much of the reason for a less than spectacular fall came from the “G” in the equation, government spending. By the way, we revised Q1 GDP lower to -6.4 percent but not much [...]
