Wednesday, February 12, 2014
Tuesday, February 11, 2014
What Does Bill Ackman Know About The Future Of Commercial Real Estate?
Hoosier's note: The US growth story is BS!
With Sears and JC Penny on the brink of collapse, I can understand why Bill Ackman is getting out of the Commercial Real Estate market.
Yellen just added pressure on emerging markets
Hoosier's note: I saw Janet Yellen's first congressional testimony, as Fed chair, last night.
One Committee Member asked her about the (adverse) effect of the Fed's tapering on the Emerging Economies and she replied that the Fed has provided 'Forward Guidance' and that the Taper has been and will be carried out on a 'Measured Pace'.
It is my opinion that Janet Yellen doesn't give a damn about what happens to the Emerging Economies and this has solidified my belief that the next Financial Crisis will start from the Emerging Economies, just like the 1997 Asian Financial Crisis.
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