2centsworth
05-13-2010, 02:19 PM
For those who hate self-aggrandizing financial articles, this one is simple and intelligent.
Proceed with Caution
by By Gerald Klassen & Mark G. Dotzour
Chances are you may be feeling a little manic depressive if your outlook on the economy is driven by headlines from the popular news media. Real estate investors with lots of cash, investment managers and market pundits are trying to convince you that recovery is near and now is the time to jump in. Bankers,small business owners, the unemployed and real estate
investors in need of financing paint a much different picture.
Who should you believe?
For every piece of good news, there seems to be less publicized
data that suggest the need for caution. The S&P/
Case-Shiller Home Price Index came roaring back in 2009, but
Robert Shiller thinks there is a greater than 50 percent chance
it will decline in the future.
Read More (http://recenter.tamu.edu/pdf/1935.pdf)
Proceed with Caution
by By Gerald Klassen & Mark G. Dotzour
Chances are you may be feeling a little manic depressive if your outlook on the economy is driven by headlines from the popular news media. Real estate investors with lots of cash, investment managers and market pundits are trying to convince you that recovery is near and now is the time to jump in. Bankers,small business owners, the unemployed and real estate
investors in need of financing paint a much different picture.
Who should you believe?
For every piece of good news, there seems to be less publicized
data that suggest the need for caution. The S&P/
Case-Shiller Home Price Index came roaring back in 2009, but
Robert Shiller thinks there is a greater than 50 percent chance
it will decline in the future.
Read More (http://recenter.tamu.edu/pdf/1935.pdf)