Realtor/Coach/Trainer
Commercial Banks lend $9 for every dollar the have.(9X) Average Investment Bank 15X Bank Of America 32X Citibank 47X Oops is right. When they have a bad loan it gets multiplied by those factors. His talk is only a small part about what is going on in our market and world but the whole talk […]
Remember that these numbers come after one of the fastest run ups in history. As of 2004, “The average nationwide rise of 47% in median home prices since 1995 (after adjusting for inflation) is like nothing America has ever seen.” These numbers are national. Sales of single-family homes during the first quarter were down 20.9% […]
Who doesn’t know someone nailed by this flu or at least had it? One thing I am hearing, and possibly feeling, is that it comes back just like the bad guy in the movie. One agent in my office got a second hit and I am feeling a little worse for wear. Unfortunately hit him […]
Recovering from some kind of flu gave me the chance to watch CNBC where Bernanke, the fed chief, spoke about the economy. Expects 75-100 banks to go under. Analyst noted that during the S&L crises, 1600 banks closed. ml-implode.com tracks the mergers and closings of banks. This market change is worse than 2001 because mainly […]
I always temper any of good news I find, reasons to buy or feelings that things could turn around. I realize to many that if I say the market is great, turning around, etc. then many will say something like this I read in the comment section of Ryan Frank’s Blog: There is little significant […]
