Lunes 26/10/15 Ventas de casas nuevas

[Fenix]

Indians Urged To Give Up Their "Idle Gold" For The Good Of The Nation
Submitted by Tyler D.
10/26/2015 - 14:21

While we still await the Indian government to unveil the "threats and fines" part, it started the "urging" when during an address on his monthly radio programme of "Mann Ki Baat", Indian prime minister Modi "exhorted people to help convert gold to the nation's economic strength by joining in various schemes to be launched soon" adding that "gold can be converted from dead money to an economic force. To leave gold lying as dead money is behaviour not in sync with the modern times," he said.


$19.6 Trillion Debt Ceiling: Done Deal?
Submitted by Tyler D.
10/26/2015 - 13:43

With just days left until the November 3rd D-Day when the Treasury runs out of emergency cash and is forced to prioritize debt repayments over government spending, moments ago Politico reported that "congressional leaders and the White House are working toward a two-year agreement. A debt ceiling measure is on a parallel track."

[Fenix]

"Our Data Is Not Good" - US Companies Warn That A Recession Is Coming
Submitted by Tyler D.
10/26/2015 - 12:02

"The ability of corporations to take a 1% to 2% revenue line [gain] and turn it into 5% to 6% profit growth is waning. They’ve run out of rabbits to pull out."


Peak Housing 2.0: Sam Zell Dumps 23,000 Apartments In 2007 Deja Vu
Submitted by Tyler D.
10/26/2015 - 17:15

Why is the deal particularly notable? Because Zell has traditionally had a very keen nose about such things as "market peaks": the 74 years old is credited with calling the top of the real-estate market in 2007, when he sold another of his companies, Equity Office Properties Trust, to Blackstone for $23 billion. Soon after, the commercial-property market crashed as prices fell and debt defaults surged when it became apparent that subprime was not contained.


In Latest Obamacare Fiasco, Most Low-Income Workers Can't Afford "Affordable Care Act"
Submitted by Tyler D.
10/26/2015 - 20:33

Billy Sewell began offering health insurance this year to 600 service workers at the Golden Corral restaurants that he owns. He wondered nervously how many would buy it. Adding hundreds of employees to his plan would cost him more than $1 million — a hit he wasn’t sure his low-margin business could afford. His actual costs, though, turned out to be far smaller than he had feared. So far, only two people have signed up. “We offered, and they didn’t take it,” he said.



If This Really Is "1998 All Over Again", Oil Is About To Soar
Submitted by Tyler D.
10/26/2015 - 18:28

If this is indeed a rerun of the post-LTCM/pre first tech bubble days, then oil is about to soar by 150%