InvestorGeeks

Don’t Bet Against the Market

by Christian

My wife and I went to apply for a mortgage as we saw a piece of property that interested us. Considering that I am always interested in knowing the state of the market I asked the mortgage broker how business was.

She said, “we are really busy right now.”

I looked at her and asked, “how come?”

She replied, “no idea, but it seems people are getting it into their minds to buy.”

Of course there is a spring effect and that now is a time to buy due to seasonal effects.  Though what was interesting is that she said that they were really busy, as in, “wow we have not been this busy in a long while.”

Remember that this is the Swiss market we are talking here. Though three weeks ago when I was in California I had a chance to talk to the locals and they said many people were thinking of buying.

What this tells me is that you should not bet against the market, and I wonder if maybe now might be a time to buy stocks like Home Depot.

The World Has Changed (2)

by Christian

On March 17, I said that the world has changed. I wrote.

I will not keep you in suspense, but the world changing event is the fact that the Fed has allowed investment banks to come to the Fed bank teller for money. That has changed everything. What this single action means is that investment banks will be able to tidy their bottom lines, letting the market recover. Though it also means investment banks will have to allow themselves to be regulated.

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Arm Chair Politics On Europe

by Christian

When I invest one of the things that I do is get feedback from the locals. If I am investing in Latin America I get a local contact that gives me the lay of the land in South America. I happen to be lucky because I have family that lives in South America, North America, Europe, and the former Eastern Bloc countries.

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