Okay, what's going to happen? In the economy for example. After all, isn't the point of a college business education to give you the tools to make such judgments? Consider those whiz kids on page 58 of the B/W 1/22/07 getting six figure salaries to figure that out at Barclays? Chill, it costs a lot more to just live in dowtown SF than in Dallas.... a whole lot more, trust me.....
What is involved here is Critical Thinking. Consider these two articles from this same issue of B/W.
About That Short Housing Slump on page 13 declares that housing corrections average 27 months, and we are only a year into this one, concluding, this is going to be a slow grinding drain on the economy, reports otherwise are just noise. the housing sector will fall further, and fall hard
Now turn to p;age 31-Strong Job Markets Dash Hopes for Rate Cuts which says there is more buying power, more resilient consumer demand, indeed broad gains in the labor markets at yearned ran counter to some recent downbeat reports portraying the economy as on the verge of succumbing to the housing recession and softness in manufacturing. The labor strength was powerful evidence that the weakness in those two sectors remains isolated, and is likely to remain so.
You can go to www.businessweek.com and click on magazine when the current issue is up, after that they tend to put other aritcles and block you if you don't subscribe, so no link.
In the December 2006 issues, Garry Shilling predicts that the recession has already begun due to housing slowdowns. Jim Rogers on Neal Cavuto's show says this will be a slow year, the government has thrown everything at the economy it can after all.
Someone is right, someone is wrong, They are all looking at the same stats but arriving at opposite conclusions.
I learned in the 1980s that technical analysis of markets offers real answers using real data. I will be discussing futures and derivative markets before the intermediate class. If the grad class is interested I would be delighted to explore these topics starting at say 8:30 AM on Sat morning, no penalty if you can't get there early. Seriously, this is a topic not discussed in college, the use of graphical analysis which is what the quants at Barclays are really doing anyway.
DLE
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