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<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>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...

<p>Summary of today's jobs numbers:</p> <p>-4k non-farm payrolls vs consensus of +110k</p> <p>June & July were revised down by a combined 81k</p> <p>first negative reading since Aug 2003 and biggest factory firing since July 2003</p> <p>flat payroll growth still correlates with 2% real...

<p>This is a shitstorm. And it does <em><u><strong>not</strong></u></em> include the mortgage collapse in July & August.</p> <p>If I were in the foreclosure department of the banks, I would be asking the higher ups, WTF are we doing about this? Well, I'm not, and I'm still asking...WTF are...

<p>I didn't think it would be so soon!</p> <p>The discount rate is the rate that the Fed charges to make direct loans to banks. The fed funds rate, however, remains at 5.25%. As I said before, the pressure on the economy will be too great for the Fed not to act. Is the fed funds rate...

<p>I am in the market for a new constructed home and was wondering what to do before and after if this happens (ie. the builders slash prices significantly below your price but you haven't yet closed escrow which is holding your deposit). Thought this would be useful for others especially given...

<p>Most of us who don't own would like to own at some point. The longer you've been on this blog and other blogs of the like, the more familiar you are with current market conditions. Some of us aren't too picky with what we want in a home, others have specific needs due to work or family...

<p>I'm in the market for a $1M sfh, preferably new or post-2000. I've been looking for quite a while, and there are some great areas in OC (ie. San Clemente) where new homebuilders are offering incentives and prices have come down over 20% from the peak.</p> <p>So my question isn't one of...