New Trends on the Real Estate Markets
New Trends on the Real Estate Markets
In: Home & Family 12Jun2009 by Ioana PloiestiThe economy went bad over the past several months in so many countries, and the real estate market followed the trend. How not to be like that, when less and less people qualify nowadays to get a personal loan or a mortgage for a home or a land plot? It all started in North America, where the real estate sengment was giving collapse signs since more than one year ago. People went in debt and could not pay it anymore.One after the other, real estate
Hugh Hendry: June 2009 Letter
Here, below, in its entirety is Hugh Hendry’s latest letter to investors. Its both enlightening, and highly educational, as the outspoken and brash Hendry has a great handle on market history as well as the English language. Hendry, founder of Eclectica Asset Management, is one of the hedge fund industry’s true luminaries, and often goes out of his way to argue his convictions as well as make his bets publicly known, and while his theses often get tested, as does his durability, he has yet t
How long can the US Dollar Last as the World’s Reserve Currency?
by Bob Chapman | The International Forecaster The big question is how long can the dollar last as the world’s reserve currency? Needless to say, that is not an easy question to answer. We recently called the top on the dollar at 89.50 on the USDX. The USDX is six currencies versus the dollar on a weighted basis. More than a year ago the dollar hit a low on the USDX at 71.18. A phenomenal rally ensued from that level expedited by de-leveraging and the closing out positions within the carr