I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
I would remind everyone that the 3rd order polynomial trend lines that I have used in this chart are not known for their predictive powers.That said, damn. I'm not at all optimistic.
Indeed, does not look optimistic at all!
Somebody else other than commercial banks must be making those loans. 2011 & 12 non-residential fixed investment structures up 2.1% & 12.7%.2011 & 12 .5% & 12.9% residential from yesterday's GDP rep.Q1'13 & Q2'13 non-residential net to zero(owie that's bad) but residential 12.5% % 13.4%.
Joseph Constable,Somebody else other than commercial banks must be making those loans.Realtor.com: Advantages to Buying a Home With CashCash purchases eliminate the risk of loan denial.There's never been a better time to buy a house (with cash)!In fact, the more houses you buy the more you save! Literally, especially if you live in Detroit.
I would remind everyone that the 3rd order polynomial trend lines that I have used in this chart are not known for their predictive powers.
ReplyDeleteThat said, damn. I'm not at all optimistic.
Indeed, does not look optimistic at all!
ReplyDeleteSomebody else other than commercial banks must be making those loans. 2011 & 12 non-residential fixed investment structures up 2.1% & 12.7%.
ReplyDelete2011 & 12 .5% & 12.9% residential from yesterday's GDP rep.
Q1'13 & Q2'13 non-residential net to zero(owie that's bad) but residential 12.5% % 13.4%.
Joseph Constable,
ReplyDeleteSomebody else other than commercial banks must be making those loans.
Realtor.com: Advantages to Buying a Home With Cash
Cash purchases eliminate the risk of loan denial.
There's never been a better time to buy a house (with cash)!
In fact, the more houses you buy the more you save! Literally, especially if you live in Detroit.