Workbox
Elite Member
- Joined
- Mar 2, 2005
- Professional Status
- Certified Residential Appraiser
- State
- Colorado
The markets made new highs. That indicates that it is going to make new ones. The divergence is that the volume is scary low. The market is not based on any real earnings or job creation, its based on what the FED says and if it will continue QE.
Look at what is happening in Detroit. Don't forget medicare as part of the cost of why they are BK. We feel inflation, but they deny it. They are slowing conditioning the new norms so we would not feel it emotionally, but accept it.
Look at what is happening in Detroit. Don't forget medicare as part of the cost of why they are BK. We feel inflation, but they deny it. They are slowing conditioning the new norms so we would not feel it emotionally, but accept it.