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The Housing “Recovery” Is on Shaky Ground
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
wallstreetexaminer.com / by Lance Gaitan via Economy and Markets /
Every few weeks I look forward to the jobs report that comes out the first Friday of every month. It’s not because I particularly like this report. It’s because the markets pay so much attention to it. Though I find it odd they typically only look at how many jobs were added, not the quality.
But that’s how you have to trade in today’s markets. You’ve got to know what the investment community is looking at, and how it responds. It’s a tireless job. Besides employment, other economic reports come out every day, and the markets have a different way of responding to each one. GDP, housing, consumer pricing – there’s a lot to look out for.
There’s been a lot of anxiety surrounding the housing market in particular since it crashed and dragged the global economy down with it 10 years ago. And Harry hasn’t been its biggest fan amidst talk of the “housing recovery,” because like many things in our artificial, Fed-driven economy, it’s been questionable.
So let’s take a look at where we were before the financial crisis of 2008/2009 and the top of the housing bubble in 2006/2007 to give us some context for where we are today.
The post The Housing “Recovery” Is on Shaky Ground appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/20/the-housing-recovery-is-on-shaky-ground/
