Recent content by oc-conservative_IHB

<p>IrvineCommuter - thanks for the explanation. it is sound, but is it valid based on what has historically happened? this is what i want to discuss.</p> <p>>>>So you are saying that lowing interest rates will not weaken the dollar?<<<</p> <p>I actually have no opinion on this. I don't...

<p>>>>The dollar will/is going down...<<<</p> <p>This is what I mean. Can you back that up with some facts?</p>

<p>>>>During the last rate cut cycle, we were in concert with other central banks around the globe, so our currency did not take a big hit internationally which would have caused the above problems. This time, we are moving against the prevailing trend around the globe which is to still raise...

<p>I find it interesting that everyone has already posted how commodity prices will soar, the dollar will tank, etc. based on Fed rate cuts. How do you know this is true? Is it all theoretical or group think or just mainstream media group think or just personal opinion?</p> <p>There have...

<p>IR - you were clearly wrong on your rate cut assessment. I'm not bashing nor do I care that you were wrong. </p> <p>What I'm curious of is does this change any aspect of your housing outlook? If you were wrong in your predictions of the Fed, might you want to re-evaluate parts of your...

"Oil to $90 now? " The stock market has had a positive correlation with oil prices in recent years, primarily because the oil sector is now a large part of the market. Oil to $90 or $100? Good for the mutual fund holder, bad for Hum-vee owners.

<p>Fed text:<em></em></p> "The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 4-3/4 percent. Economic growth was moderate during the first half of the year, but the tightening of credit conditions has the potential to intensify the...

<p>I'm on an open network so I can't get to it yet, but IR you are one hundred buckaroos richer!</p>

50 bp cut in both FFR and DR.

<p>>>>So the question to ask yourself is should you do what everyone does, or listen to your heart? <<<</p> <p>Is that realtor speak for everyone else doesn't want to buy so they are wrong, but your heart wants to buy so it is right?</p>

<p>You guys sound like you are able and willing to buy right now. If you understand the risks, then go for it and be happy.</p> <p>>>>But despite a broad declining RE market...<<<</p> <p>I would not say that we have had a broad decline. So far, I have only seen two things. Speculation...

<p>>>>IR - That kind of worries me. Greenspan has a close to 100% track record of being wrong.<<<</p> <p>No doubt. Greenspan could have just jinxed it for us.</p>

<p>>>>You don't need to donate to the IHB fund. I enjoy the debate, that is payment enough. <<<</p> <p>I've been meaning to but haven't yet, so it's all good. I thought now would be a good time. </p> <p>Besides, I've learned alot here which will serve me well in the future, and I enjoy...

<p>With the Fed decision coming this Tuesday at 11:30am, I thought I would summarize very succinctly my thoughts on why I believe the Fed will cut the Fed Funds Rate by 25 or 50 basis points.</p> <p>First I don't believe the Fed acts on conspiracy theories or overly complex theories. And I...

For cryin' out loud, cut the guy a break. He already gets yelled at enough when I go shopping at Wal-Mart!