We have had all types of bubbles in the history of the investment markets. According to Jeremy Grantham, there have been 28 different types of bubbles from gold to art to real estate to stocks and even tulips. Yes, there was an enormous tulip mania. Bubbles are created out of a mania. Manias are created [...]
Posts Tagged ‘foreclosure crisis’
The Ultimate Bubble of Hope
Posted in Uncategorized, tagged Bob Brooks, foreclosure crisis, gold, investors, Obama, real estate bubble, Stock Market, Unemployment on November 17, 2009 | 2 Comments »
Break Out the Dow 10,000 Party Hats
Posted in Uncategorized, tagged adjustable rate mortgages, Bob Brooks, Down Jones, foreclosure crisis, investments, money management, politicians, Stock Market on October 19, 2009 | Leave a Comment »
Being in the business of money management, you are almost held hostage to financial television. You have to watch a certain amount of it to catch breaking news. Besides the CNBC cheerleaders celebrating Dow 10,000, that level is nothing more than a round number with 4 zeros. Sorry, President Obama, it is neither a milestone [...]
Unprecedented Times Create Unprecedented Events
Posted in Price Levels, Stock Market, tagged bear market, Bob Brooks, bullish, cycles, Dallas Morning News, Deceptive Money, foreclosure crisis, Great Depression, Price Levels, Prudent Money, recession, S&P 500, Stock Market on September 15, 2009 | 2 Comments »
A recent article in the Dallas Morning News states that we just don’t have anything to worry about going forward regarding a “double dip” recession. A double dip recession is one where you go through one recession, the recession concludes, and then it comes back again. Of course, that would mean that the stock market [...]
Has the Housing Market Bottomed?
Posted in Housing Market, tagged adjustable rate mortgage, Bob Brooks, Deceptive Money, economic data, foreclosure, foreclosure crisis, Government, housing recession, market rebound, Prudent Money on August 3, 2009 | 1 Comment »
“Worst of the housing recession is now behind us” declares one economist. New home sales rose last month at the fastest clip in more than 8 years. There is a good reason why home sales are increasing but there is another reason not to get too giddy over this economic data.
First, prices are falling to [...]
The One Main Reason Why This Bear Market In Stocks Is Not Over
Posted in Stock Market, tagged adjustable rate, bear market, Bob Brooks, Deceptive Money, foreclosure crisis, interest, investments, loans, mortgage companies, principle, Prudent Money, refinance, Risk, stock-based mutual funds, stocks on June 15, 2009 | 4 Comments »
As an investment manager, I am constantly looking into the future and evaluating indicators to determine which investments make the most sense. Since originally warning of the risk in stocks back in 2007, my indicators have not given any signs that the risk for being in the stock market has changed. As long as the [...]
The Roller Coaster of Hope
Posted in Stock Market, tagged bear market, Beige Report, Bob Brooks, credit markets, Deceptive Money, economic activity, foreclosure crisis, John Maudlin, Obama Administration, Prudent Money, recession, Risk, Stock Market, Washington on April 16, 2009 | Leave a Comment »
Yesterday, the market struggled throughout the day until the Beige Report on economic activity was delivered early afternoon. The news was that it looked like the economy might be stabilizing and the word out of Washington was that the recession might be over sooner than we think.
Well, that day of struggle for the stock market [...]