Markets tank from coronavirus scare
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The…
66% probability of recession in 18 months or less, impact on real estate
Looks like we should have smooth sailing in 2020, but the National Association of Business economists (NABE), the premier professional association for business economists counting Alan Greenspan as their past president, just released their business outlook predictions placing the odds…
Negative equity in over 33% of new car purchases
The two largest purchases by consumers are houses and cars. Cars are starting to look like the prior housing debacle. Some 33% of people who traded in cars to buy new ones in the first nine months of 2019 had…
Economic Indicators show fed will cut rates again, impact on real estate
In September, Toyota’s year over year auto sales plummeted 16.5%, Honda down 14%, and Nissan down almost 18%. The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving. Why should you care about Autos…
Markets tumble: 3 lender tips to determine the most “recession proof” properties
With recession talks all over the headlines and stock markets tumbling around the globe are you ready whenever the next real estate cycle occurs? Do you know the mushroom theory and how it can help you plan for the…
China trade war, impact on your real estate, stocks and bonds providing opposite answers, how do you feel?
Recently the news has been overwhelming. Originally there was a deal with China then there wasn’t; now China is referring to the trade differences as a trade war. The US markets sold off and then they recovered then sold off…
World’s biggest bank merger in a decade: impact on real estate lending
BB&T agreed to buy SunTrust in the world’s biggest bank merger in a decade. This will create the sixth largest bank in the country. Bank of America CEO, Brian Moynihan predicted another round of consolidation that could produce another “megabank”. …
Stocks plummet, stock rise, one step you should take today
For anyone watching the markets, it has been quite the ride. I’m feeling a bit seasick from all the motion taking place in the markets! Stocks plummet then come roaring back all within the same day. What is going on? …