bmichaud Posted June 26, 2012 Share Posted June 26, 2012 Cullen Roche over at pragcap.com makes a good case for why we are currently not in a recession, citing the fact that private fixed investment is up +10% YOY versus severely rolling over prior to each of the last 7 recessions. http://pragcap.com/12-reasons-recession-is-upon-us Link to comment Share on other sites More sharing options...
triedtestedand Posted June 26, 2012 Share Posted June 26, 2012 Irish property prices go ... UP? First time in 5 years ... http://www.guardian.co.uk/business/2012/jun/25/irish-house-prices-first-monthly-rise Link to comment Share on other sites More sharing options...
moore_capital54 Posted June 26, 2012 Author Share Posted June 26, 2012 Irish property prices go ... UP? First time in 5 years ... http://www.guardian.co.uk/business/2012/jun/25/irish-house-prices-first-monthly-rise That is a superb stat.. very good stuff... How about this table of S&P PE Ratio.. June. 25, 2012 13.26 Dec. 31, 2011 14.46 Sept. 30, 2011 13.01 June 30, 2011 15.75 March 31, 2011 16.31 Dec. 31, 2010 16.26 Sept. 30, 2010 15.88 June 30, 2010 15.36 March 31, 2010 19.19 Dec. 31, 2009 21.88 Sept. 30, 2009 84.30 June 30, 2009 122.41 March 31, 2009 116.31 Dec. 31, 2008 60.70 Sept. 30, 2008 25.38 June 30, 2008 24.92 March 31, 2008 21.90 Dec. 31, 2007 22.19 Sept. 30, 2007 19.42 June 30, 2007 17.70 March 31, 2007 17.09 Dec. 31, 2006 17.40 Sept. 30, 2006 17.00 June 30, 2006 17.05 March 31, 2006 17.82 Dec. 31, 2005 17.85 Sept. 30, 2005 18.46 June 30, 2005 18.80 March 31, 2005 19.57 Dec. 31, 2004 20.70 Sept. 30, 2004 19.29 June 30, 2004 20.32 March 31, 2004 21.66 Dec. 31, 2003 22.81 Sept. 30, 2003 25.82 June 30, 2003 28.21 March 31, 2003 27.97 Dec. 31, 2002 31.89 Sept. 30, 2002 27.14 June 30, 2002 37.02 Link to comment Share on other sites More sharing options...
onyx1 Posted June 27, 2012 Share Posted June 27, 2012 "Home contract signings rose for the 13th straight month, according to the National Association of Realtors, which reported pending home sales rising 13.3% over May 2011 and up nearly 6% over April 2012." http://www.housingwire.com/news/nar-annual-home-sales-133 Link to comment Share on other sites More sharing options...
fareastwarriors Posted June 27, 2012 Share Posted June 27, 2012 Both April and May US Car Sales are tangibly higher than last year: http://www.reuters.com/article/2012/06/01/usa-autosales-idUSL4E8H16YI20120601 AUTOMAKER YTD YTD 2011 PCT CHNG 1 General Motors 1,066,963 1,046,275 2.0 2 Ford Motor 935,864 878,600 6.5 3 Toyota Motor 868,301 701,851 23.7 4 Chrysler 689,257 519,538 32.7 5 Honda Motor Co 576,174 523,550 10.1 6 Nissan 485,484 433,032 12.1 7 Hyundai 292,856 263,588 11.1 8 Kia 237,381 200,060 18.7 9 Volkswagen 170,555 125,681 35.7 11 Subaru 136,602 112,255 21.7 12 BMW 130,843 116,656 12.2 10 Mazda Motor Co 123,886 103,072 20.2 13 Mercedes/Smart 117,231 95,458 22.8 14 Audi 52,494 45,858 14.5 15 Mitsubishi 27,462 35,816 -23.3 16 Land Rover 17,389 13,254 31.2 17 Porsche 13,448 12,996 3.5 18 Suzuki 10,695 11,124 -3.9 19 Jaguar 5,476 5,021 9.1 TOTAL 5,958,361 5,243,685 13.6 SOURCE: Autodata Corp and Reuters calculations http://www.cnbc.com/id/47974815 the average age of the 245 million vehicles registered in the U.S. in the first quarter of this year was 11 years. The fleet is rapidly aging. Yes quality went up but eventually people will want the newer sexier models. Link to comment Share on other sites More sharing options...
bmichaud Posted June 29, 2012 Share Posted June 29, 2012 http://consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ec/131359.pdf IMO, the last paragraph of the EU statement is phenomenally bullish. The Europeans just set up a very vague mechanism that allows the ECB to act as an "agent" in a "flexible" manner alongside the bailout funds. Is this not the German's turning their cheek to the ECB doing whatever it takes to stabilise the system in a voter-friendly manner via the previosly-approved bailout funds? All of the bankrupt euro coutries back the bailout funds, thus it is not possible to bail each other out via circular lending.....the ECB has to print, and this is just one step closer to Euro bonds via the backdoor. Link to comment Share on other sites More sharing options...
bmichaud Posted August 13, 2012 Share Posted August 13, 2012 http://finance.yahoo.com/news/homebuilder-stocks-surge-sales-50-230103030.html Encouraging article here about housing picking up. Would be interesting to know how much say 1MM starts contributes to GDP...a full 1%? Link to comment Share on other sites More sharing options...
rkbabang Posted August 14, 2012 Share Posted August 14, 2012 I think if anything will save the US situation it will be the massive increase in energy production from the new oil/gas fields that will be coming online in the next decade. I'm generally bullish on the US economy for that reason alone. The stabilization of energy costs should help the economy recover in every other sector. North Dakota's oil/gas boom to get even bigger, official says Also speaking of "glass half full". Every glass I've ever seen has been completely full. What if a glass was really half empty? Link to comment Share on other sites More sharing options...
Eric50 Posted August 31, 2012 Share Posted August 31, 2012 Countries in Southern Europe becoming more competitive with lower unit labor cost and shrinking current accounts. http://www.spiegel.de/international/europe/german-report-crisis-hit-countries-have-become-more-competitive-a-852813.html Link to comment Share on other sites More sharing options...
PlanMaestro Posted November 21, 2012 Share Posted November 21, 2012 Here comes housing. https://twitter.com/PlanMaestro/status/271312314140065793/photo/1 PS: What happened to moore_capital? Link to comment Share on other sites More sharing options...
Green King Posted November 21, 2012 Share Posted November 21, 2012 I miss him too. Link to comment Share on other sites More sharing options...
Parsad Posted November 21, 2012 Share Posted November 21, 2012 PS: What happened to moore_capital? I miss him too. No idea. He's just not posting as much right now. Cheers! Link to comment Share on other sites More sharing options...
Parsad Posted November 21, 2012 Share Posted November 21, 2012 PS: What happened to moore_capital? I miss him too. No idea. He's just not posting as much right now. Cheers! Actually, I just checked...he's definitely lurking...just not posting. Moore, stop your lurking...you know you've got stuff to say! ;D It seems as though a bunch of our "Red State" board members are still licking their wounds and staying on the sidelines. Hopefully, they come back once the fiscal cliff is averted. Cheers! Link to comment Share on other sites More sharing options...
Myth465 Posted November 21, 2012 Share Posted November 21, 2012 PS: What happened to moore_capital? I miss him too. No idea. He's just not posting as much right now. Cheers! Actually, I just checked...he's definitely lurking...just not posting. Moore, stop your lurking...you know you've got stuff to say! ;D LOL Link to comment Share on other sites More sharing options...
stahleyp Posted November 21, 2012 Share Posted November 21, 2012 moore, come back!! I'm surrounded by immoral, blood thirsty, liberal atheists! :-X Just to make sure we're all on the same page here, I like you atheists, too! ;) Link to comment Share on other sites More sharing options...
meiroy Posted November 22, 2012 Share Posted November 22, 2012 It takes time to get over a loss like that, maybe he's busy recounting the votes. Link to comment Share on other sites More sharing options...
Parsad Posted November 22, 2012 Share Posted November 22, 2012 It takes time to get over a loss like that, maybe he's busy recounting the votes. They had Romney in the news the other day. A photograph of him pumping his own gas...he looked exhausted. Already the Obama Administration is having a negative wealth effect on the 1%! ;D Cheers! Link to comment Share on other sites More sharing options...
Uccmal Posted November 22, 2012 Share Posted November 22, 2012 Glass half full - Interview with a very humble Calculated Risk: http://www.businessinsider.com/bill-mcbride-of-calculated-risk-2012-11 Link to comment Share on other sites More sharing options...
Sportgamma Posted November 22, 2012 Share Posted November 22, 2012 http://25.media.tumblr.com/tumblr_mdhmmfw5Vf1r1to8do5_250.gif Link to comment Share on other sites More sharing options...
stahleyp Posted November 22, 2012 Share Posted November 22, 2012 http://www.mutualfundobserver.com/wp-content/uploads/2012/11/obamney-241x300.jpg Link to comment Share on other sites More sharing options...
Green King Posted November 22, 2012 Share Posted November 22, 2012 lolz :D Link to comment Share on other sites More sharing options...
Parsad Posted November 22, 2012 Share Posted November 22, 2012 lolz :D I don't know what else we can do to get Moore back to posting. We pulled out Sophia Vergara, as well as "Baramit". What else can we do? Cheers! Link to comment Share on other sites More sharing options...
ERICOPOLY Posted November 22, 2012 Share Posted November 22, 2012 Red state denizens are tanning coon hides, calling in turkeys, arguing over road kill. He's probably waiting in line for the Black Friday sale at Cabelas. Link to comment Share on other sites More sharing options...
Parsad Posted November 22, 2012 Share Posted November 22, 2012 Red state denizens are tanning coon hides, calling in turkeys, arguing over road kill. He's probably waiting in line for the Black Friday sale at Cabelas. They opened the first Cabela's in Washington a couple of years ago, and I went in there. As a Canadian proponent of gun control, I've never felt more uncomfortable in my life! That is until I put that sweet 9mm Remington in my hand...I kid, I kid! ;D Say no to guns. Cheers! Link to comment Share on other sites More sharing options...
Kraven Posted November 23, 2012 Share Posted November 23, 2012 Red state denizens are tanning coon hides, calling in turkeys, arguing over road kill. He's probably waiting in line for the Black Friday sale at Cabelas. They opened the first Cabela's in Washington a couple of years ago, and I went in there. As a Canadian proponent of gun control, I've never felt more uncomfortable in my life! That is until I put that sweet 9mm Remington in my hand...I kid, I kid! ;D Say no to guns. Cheers! I knew a guy who worked a lot with the Cabela's people. I remember him telling me that when the first one opened it would cause traffic jams on the highway as people were going there. Here's a piece of trivia. Their credit card bank sub is the modestly named The World's Foremost Bank. Link to comment Share on other sites More sharing options...
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