Popular confidential letter Exchange e-profit Going bearish in 2011 … bearish on the stock market and economy
New York, NY (Business Wire) 26 September 2010
Result confidential, the popular stock market e-letter, has three reasons to be optimistic about the stock market: corporate earnings for the third quarter on the top will be surprised, a cloud of pessimism among investors still prevails in the market and stocks are simply more attractive compared to U.S. Treasuries, which offer little or no return, and what can be our next bubble to burst
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But in his report, Michael Lombardi is bearish for 2011, saying: â? I have great concern about the U.S. dollar, I am concerned about the possible collapse (domestic interest rates would push up, sending the stock market to bottom) Dimensions and see the U.S. housing market has continued to press the> economy.â? put ???
Lombardia long in Profit Confidential,? The National Bureau of Economic Research, said earlier this week that the worst recession ended in the U.S. since the Great Depression in June 2009. I agree. But the U.S. economy is so fragile, so delicate, we may fall into recession if the cards not right.I ????
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According to the article in Profit Confidential, Friday, Lombardi believes â? We need to understand that housing and housing markets are the backbone of our economy. As I mentioned earlier, property prices fell 15% in the U.S. during the Great Depression. Since its peak in 2005, house prices declined in America, a devastating 28 -%???? Almost twice the decline of the Great during the> Depression.â ????
report says â? U.S. price for a 30-year mortgage sank like a stone to 4.32% this week, its lowest level since 1971, according to Freddie Mac. But property prices continue to fall because there is no demand for houses and there are too many stocks arriving on the> market.â ???? Lombardi said â? I think that U.S. banks have home loans on their books much harder to process the end, and clear goals. Banks took back home (castle) where they actually slowed the foreclosure process because they do not know, what with all the houses they already do repossessed.â p>? ???The full report is available http://www.profitconfidential.com
Lombardi
a long in Profit Confidential,? GMAC Mortgage, the fourth among the authors loan from the United States this week announced that he had to stop seizures in 23 states. I think that other companies have slowed their mortgage foreclosure process, as it is with their bloated inventory of existing empty> avail homes.â ????
According to the article in Profit Confidential last week believes Lombardi, â? About seven million households in the U.S. are now sitting empty, were seized, or by their previous owners, who are in> Castle process.â ???? Lombardi said â? Our economy can not be better until the housing crisis will be corrected, which could take years. AI? M is concerned that a second round of a bank? Cleansing loan? is coupled by attacks in 2011, with the weaker U.S. dollar, a heavy burden will be on an already weak economy. So why AI? M bearish give 2011.â ????The full report is available http://www.profitconfidential.com
Profit Confidential is Lombardi Corporationâ
publishing? s free daily e-letter investment. Written by financial gurus with over 100 years of combined experience in securities transactions, the test results confidential and comments on the shares of the stock market, precious metals, interest, real estate and business. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest publishers of consumer information in the world. To learn more about Lombardi, and enjoy confidential e-mail to you each day visit Popular http://www.profitconfidential.com
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