This notion that the FED is going to lower rates...because it "doesn't know"..."what's out there...!"
THAT'S A BIT SCARY...
IT'S LIKE DRIVING FASTER BECAUSE YOUR WINDSHIELD HAS BEEN COVERED UP AND YOU CAN'T SEE WHERE YOU'RE GOING...!
IS ANYONE ELSE "NOT GOOD" WITH THAT...? ANYWAY...THE DOLLAR IS DOOMED FOR MORE THAN ONE REASON...SO, THE NO-BRAINER INVESTMENT REMAINS GOLD! AND OIL...AND OTHER COMMODITIES...
VERY LIKELY REAL ESTATE PRICES WILL HAVE TO FALL BY AT LEAST 50% TO HIT RESISTANCE...
REMEMBER REAL ESTATE HAS DOUBLED OR MORE SINCE 1990...
WHAT'S HAPPENING NOW IS CALLED "GIVE BACK"... YES, IT'S A STRANGE NOTION TO A MARKET THAT "ALWAYS GOES UP...!" BUT IT'S NECESSARY...YOU CAN LOWER PRICES...OR DEVALUE THE DOLLAR AND LET US ALL BECOME "ITALIAN MILLIONAIRES" WITH MILLIONS OF "AMERICAN LIRA" IN OUR NEARLY WORTHLESS BANK ACCOUNTS...
