http://jubakpicks.com/2009/09/30/second-quarter-gdp-better-than-expected-on-third-revision/ Sat, 19 May 2012 20:47:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://jubakpicks.com/2009/09/30/second-quarter-gdp-better-than-expected-on-third-revision/comment-page-1/#comment-1058 Beabaggage Thu, 01 Oct 2009 12:49:31 +0000 http://jubakpicks.com/?p=1417#comment-1058 looking back at gdp is not looking forward, agree there is not much news that is good out there. GM dealers closing plus saturn will be a lot more large pressure on u/e, PA still does not have a budget, revenues declining, muni bonds scary, no one is lending to AAA commercial r/e folks they cant get money, who is going to buy the debt coming due in commercial r/e, foreclosures, empty offices, rents falling. retail will be crushed, CIT issue w hit and reverberate more. the worst is yet to come for sure. Canada still looks good. loonie up, my divs this mo a lot higher w yields, NO housing issues per Manulife CEO on bloomberg yesterday. looking back at gdp is not looking forward, agree there is not much news that is good out there. GM dealers closing plus saturn will be a lot more large pressure on u/e, PA still does not have a budget, revenues declining, muni bonds scary, no one is lending to AAA commercial r/e folks they cant get money, who is going to buy the debt coming due in commercial r/e, foreclosures, empty offices, rents falling. retail will be crushed, CIT issue w hit and reverberate more. the worst is yet to come for sure. Canada still looks good. loonie up, my divs this mo a lot higher w yields, NO housing issues per Manulife CEO on bloomberg yesterday.

]]> http://jubakpicks.com/2009/09/30/second-quarter-gdp-better-than-expected-on-third-revision/comment-page-1/#comment-1028 Jim Jubak Wed, 30 Sep 2009 20:40:36 +0000 http://jubakpicks.com/?p=1417#comment-1028 The Dems can read the polls. You've got 62% in recent surveys saying they'd prefer a longer recession to mor government spending on stimulus. Just donb't see a package passing in an election year. And the, we're waiting until things get bad enough in 2011 to make a big stimulus politically possible. Always fascinating (and dangerous) to try to figure out what the politicians will do, I grant you. You have to throw logic out the window and that sort of leaves you adrift in the realm of the lunatic but possible. The Dems can read the polls. You’ve got 62% in recent surveys saying they’d prefer a longer recession to mor government spending on stimulus. Just donb’t see a package passing in an election year. And the, we’re waiting until things get bad enough in 2011 to make a big stimulus politically possible. Always fascinating (and dangerous) to try to figure out what the politicians will do, I grant you. You have to throw logic out the window and that sort of leaves you adrift in the realm of the lunatic but possible.

]]> http://jubakpicks.com/2009/09/30/second-quarter-gdp-better-than-expected-on-third-revision/comment-page-1/#comment-1017 BigPenny Wed, 30 Sep 2009 19:17:07 +0000 http://jubakpicks.com/?p=1417#comment-1017 I agree with WSF. I don't see the various stimulus packages ending in 2010. Obama and the Dems have to keep the fires stoked going into the mid-terms. I agree with WSF. I don’t see the various stimulus packages ending in 2010. Obama and the Dems have to keep the fires stoked going into the mid-terms.

]]> http://jubakpicks.com/2009/09/30/second-quarter-gdp-better-than-expected-on-third-revision/comment-page-1/#comment-1005 wallst.finance Wed, 30 Sep 2009 13:39:19 +0000 http://jubakpicks.com/?p=1417#comment-1005 You are assuming the stimulus spending will end in 2010. I look at the housing market stimulus which was a $7.5k loan in 2008 that became a $8k free money in 2009. Looking at the news it looks like we may get another attempt to boost for housing market. Though I cannot say for sure another stimulus package will be on the way to boost the economy as a whole, I am unwilling to say for sure the stimulus will end in 2010. You are assuming the stimulus spending will end in 2010. I look at the housing market stimulus which was a $7.5k loan in 2008 that became a $8k free money in 2009. Looking at the news it looks like we may get another attempt to boost for housing market. Though I cannot say for sure another stimulus package will be on the way to boost the economy as a whole, I am unwilling to say for sure the stimulus will end in 2010.

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