thestatedtruth.com | February 17, 2010
New wave of foreclosures by end of 2010 is feared About 4 million U.S. homeowners are 90 days or more delinquent on their loans or in foreclosure proceedings, Moody’s Economy.com says. A federal loan modification program is helping a relative few.                                          ~~~~~~~~~~~~~~~~~~~ By Jim Puzzanghera and Don Lee February 17, 2010 Reporting from Washington […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 16, 2010
Commercial Real Estate Collapse Bigger than Subprime Implosion – Why is the Market Ignoring the $3.5 Trillion Commercial Real Estate Market Implosion? Pricing in Another Bailout. Posted: Sat, 13 Feb 2010 18:41:28 +0000 Most people that follow real estate even at a cursory level have heard of the problems in commercial real estate. The enormous […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 15, 2010
The “Baby Boom” generation consists of people born from 1946-64, which is that big bulge in the birth rate near the center of the chart. When the 1980s arrived, those boomers were in their prime working years, and helped to push up both economic growth and stock prices. They also caused the birth rate to […]
Category: Charts and Graphs, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 11, 2010
A Cautious Bernanke Finally Gets It Right By: Rick Ackerman, Rick’s Picks  — Posted Thursday, 11 February 2010 Rick’s Picks Thursday, February 11, 2009 “Phenomenally accurate forecastsâ€Â  The stock market often swings wildly on insignificant news, but yesterday Wall Street appears finally to have taken some real news in stride, flatlining in response […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 11, 2010
Thu, 11 Feb 2010 The FDIC provides deposit insurance at 8,099 institutions. Collectively the FDIC overlooks $13.247 trillion in assets at these institutions. Instead of feeling protected you should feel weary because the FDIC deposit insurance fund is insolvent. Now the assets at these institutions range from softer side financial instruments like CDs and regular […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 10, 2010
FEBRUARY 11, 2010 By CARRICK MOLLENKAMP And MAURICE TAMMAN Nearly 3,000 small U.S. banks could be forced to dramatically curtail their lending because of losses on commercial real-estate loans, a congressional inquiry concluded. The findings, set to be released Thursday by the Congressional Oversight Panel as part of its scrutiny of the Troubled Asset Relief […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 8, 2010
In the past few decades Americans have seen more and more of their income being eaten up by the housing sector of the economy:
Category: Charts and Graphs, Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 8, 2010
This summary from John Mauldin’s “Outside The Box”, is from Simon Hunt, based in London. Simon travels to China many times a year, is an authority on copper and the Long Wave theory of cycles. Points below are summarizd and well taken in my view.   In summary, global economic recovery will disappoint as set out […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street, World News |
No Comments »
Tags:
thestatedtruth.com | February 8, 2010
Volcker Rule Unabridged By David Weidner, MarketWatch NEW YORK (MarketWatch) — Not since Lady Gaga was slated to appear at the Grammys has there been this much anticipation about a performance. With Paul Volcker expected to visit Capitol Hill on Tuesday, Wall Street will get its first detailed glimpse into the former Federal Reserve chairman’s […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 6, 2010
The emperor has no clothes……….. Like millions of American households, the Mortgage Bankers Association found itself stuck with real estate whose market value has plunged far below the amount it owed its lenders. On Friday, CoStar Group Inc., a provider of commercial real estate data, announced that it had agreed to buy the MBA’s 10-story headquarters […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate |
No Comments »
Tags:
thestatedtruth.com | February 6, 2010
Hmm……secret summit of top world bankers in Australia. We’ll hear more on this next week.   Secret summit of top bankers By George Lekakis and Fleur Leyden From: Herald Sun February 06, 2010 12:00AM World’s top bankers fly in To meet at secret location Trouble on the horizon THE world’s top central bankers began arriving […]
Category: Commentary, Commodities, Economy, Finance, Gold and Silver, National News, Real Estate, Wall Street, World News |
No Comments »
Tags:
thestatedtruth.com | February 4, 2010
Excuse my rant, but……What were these REIT retail morons thinking when they opened all of these stores………Drive down any street in America, and how many stores do you count…..I’ll tell you…..lots and lots!  Now it’s time to close them down……Duh  And the REIT’s had one of the biggest stock rallies ever and they own most of this crap. […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 4, 2010
Stocks, Metals Plunge as Dollar Gains on Debt, Jobs Concerns By Rita Nazareth and Gavin Serkin Feb. 4 (Bloomberg) — Stocks plunged around the globe, with the MSCI World Index dropping the most in four months, and metals tumbled on concern an unexpected increase in U.S. jobless claims and growing sovereign debt will derail the […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 3, 2010
The Devaluation and Fight for Survival of the American Middle Class – How Three Decades has Shifted the Concentration of Financial Wealth to the top 1 Percent.  Posted: Wed, 03 Feb 2010 The American middle class ideal is lionized around the world. It is the core of what has made this country great. The […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | February 2, 2010
Gene Inger’s Daily Briefing . . . for Wednesday February 3, 2010:  Good evening;  Is China trying to ‘buy’ . . .their way into a power posture vis-à -vis the U.S.A.? It’s a question that has dogged us all through the financial crisis domestically. Why would a smart crowd, even knowing (as our forecast […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street, World News |
No Comments »
Tags:
thestatedtruth.com | January 30, 2010
Jan. 29 (Bloomberg) — Russia urged China to dump its Fannie Mae and Freddie Mac bonds in 2008 in a bid to force a bailout of the largest U.S. mortgage-finance companies, former Treasury Secretary Henry Paulson said. Paulson learned of the disruptive scheme while attending the Beijing Summer Olympics, according to his memoir, On The […]
Category: Commentary, Economy, Finance, National News, National Security, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 30, 2010
By NICK TIMIRAOS It is payback time for Fannie Mae and Freddie Mac on some mortgages sold to the finance companies by lenders. Stuck with about $300 billion in loans to borrowers at least 90 days behind on payments, Fannie and Freddie have unleashed armies of auditors and other employees to sift through mortgage files […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 29, 2010
But we are at an inflexion point and the middle class is largely being squeezed out. A recent study from the Commerce Department shed some light on an issue that we already know. Over the past 20 years the middle class has been falling behind: Everything is relative in this world. Incomes have gone up […]
Category: Charts and Graphs, Commentary, Economy, Finance, Healthcare and Science, National Security, Real Estate, Tid Bits, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 29, 2010
So of married couples with two children 76 percent have two earners. The average American is simply working to stay on track or face being thrown off the treadmill. Jobs are so important to keeping a solid middle class. This should be obvious but current policy being driven by the corporatacracy is simply focusing on […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 25, 2010
This from the Wall Street Journal………..What is it that has been taking the world down…..DEBT, DEBT,DEBT…..looks like just the beginning for commercial, and another disaster for California retirements funds….. Tishman Speyer Properties has decided to give up the sprawling Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to its creditors in the collapse of […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 21, 2010
By John Gittelsohn Jan. 21 (Bloomberg) — More than 40 U.S. homebuilders have teamed up with private equity firms to acquire and complete unfinished subdivisions as banks cut construction lending. The investments will pay off for the builders and their investors if the prices are low enough and the locations are in areas where demand […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 21, 2010
By Nicholas Johnston and Julianna Goldman Jan. 21 (Bloomberg) — President Barack Obama, tapping into voter anger over bank bailouts, called for limiting the size and trading activities of financial institutions as a way to reduce risk-taking and prevent another financial crisis. The proposals, to be added to an overhaul of regulations being considered by […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 21, 2010
Gene Inger’s Daily Briefing . . . for Friday January 22, 2010:  Good evening;  Bloody murder . . .may be screamed by some financial institutions (mostly in the so-called ‘too big to fail’ crowd) in the wake of already-brewing moves against quick resumptions of their old tactics, in trading but while withholding lending, […]
Category: Charts and Graphs, Commentary, Commodities, Economy, Finance, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 17, 2010
Just think about the bailouts and which companies were saved. We ended up bailing out the worst performing and troubled companies thus keeping alive companies that should have completely failed. Did we bail out Google? Proctor and Gamble? Of course not. These companies actually produce something that people want. Banks and especially the Wall Street […]
Category: Charts and Graphs, Commentary, Commodities, Economy, Finance, Real Estate, Research, Wall Street |
855 Comments »
Tags:
thestatedtruth.com | January 17, 2010
Some of you are probably not aware that the commercial real estate market has crossed a dreaded line in the sand. Commercial real estate (CRE) that includes apartments, industrial, office, and retail space is now performing worse than residential real estate. Not just by a little but by a good amount. While the CRE bust […]
Category: Charts and Graphs, Commentary, Economy, Finance, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 16, 2010
Comstock Partners, Inc. The Bank Chiefs’ Incredible Testimony January 14, 2010 When we saw the esteemed chiefs of the nation’s top banks testify that nobody could foresee the coming devastating residential mortgage problem or that home prices could ever come down we stared at our TV sets in disbelief and disgust. After all, we had […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 16, 2010
Comstock Partners, Inc. Recovery or Recession? January 2010 Bombarded by a constant stream of primary, secondary and tertiary economic statistics being released daily with a highly positive spin in the financial media, investors need to be reminded that the numbers that really count indicate an economy still in a deep rut. Let’s take a look at […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 14, 2010
 The End of Extend and Pretend By Dan Amoss Jacobus, Pennsylvania Attention REIT investors! The commercial real estate is a disaster-in- the-making – both for property investors and for the thousands of American banks that are carrying outsized exposure to commercial borrowers. Commercial real estate borrowers and their lenders face a mountain of debt […]
Category: Commentary, Economy, Finance, Real Estate |
No Comments »
Tags:
thestatedtruth.com | January 14, 2010
Real Estate Bull Laub Sees Unprecedented Workout From Bad Debt By Beth Williams and Stuart Bern   (Bloomberg) — Kenneth Laub has been through three commercial real estate boom and bust cycles during almost five decades as a broker and consultant to corporations such as Hess Corp. and International Paper Co. He says the current […]
Category: Commentary, Commodities, Economy, Finance, Real Estate |
No Comments »
Tags:
thestatedtruth.com | January 12, 2010
Bank of America  blew away the competition last year in the business of underwriting stock offerings by commercial real-estate firms. The secret of success: Bank of America leveraged its relationships with real-estate borrowers to generate a flood of investment-banking work, much of it handled by former Merrill bankers who decided to stick around after the […]
Category: Charts and Graphs, Commentary, Economy, Finance, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 9, 2010
U.S. apartment vacancy rate hits 30-year high Thu Jan 7, 2010 1:01am EST By Ilaina Jonas NEW YORK, Jan 7 (Reuters) – The U.S. apartment vacancy rate rose to an almost 30-year high of 8 percent in the fourth quarter, and rents dropped in the biggest one-year slump, according to real estate research company Reis […]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 7, 2010
Contrarian Investor Predicts Economic Crash in China  By DAVID BARBOZA January 8, 2010 SHANGHAI — James S. Chanos built one of the largest fortunes on Wall Street by foreseeing the collapse of Enron and other high-flying companies whose stories were too good to be true. Now Mr. Chanos, a wealthy hedge fund investor, is working […]
Category: Commentary, Commodities, Economy, Finance, Real Estate, Wall Street, World News |
No Comments »
Tags:
thestatedtruth.com | January 7, 2010
Top Banks Invited To Basel Risk Talks By Henny Sender in New York Published January 7, 2010 The Bank for International Settlements will gather top central bankers and financiers for a meeting in Basel this weekend amid rising concern about a resurgence of the “excessive risk-taking†that sparked the financial crisis. In its invitation, the […]
Category: Commentary, Commodities, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 7, 2010
Homebuyer Tax Credits ‘Exceptionally Inefficient’ By David Wilson Jan. 7 (Bloomberg) — Tax credits designed to revive the U.S. housing industry are costing taxpayers as much as $80,000 for every additional home sold, according to Michael R. Widner, a Stifel Nicolaus & Co. analyst. The federal program is “an exceptionally inefficient use of tax dollars,†[…]
Category: Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
thestatedtruth.com | January 7, 2010
If 2008 was the year of financial crisis and 2009 the year of healing via monetary and fiscal stimulus packages, then 2010 appears likely to be the year of “exit strategies,†during which investors should consider economic fundamentals and asset markets that will soon be priced in a world less dominated by the government sector. […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Real Estate, Wall Street |
No Comments »
Tags:
