Predictions for 2006
Ben Jones had a post on future predictions. This is what I put down.
House prices 2006 [national, bubbles]
Q1: +1%, -3% ("little air")
Q2: -1%, -5% ("> normal inventory")
Q3: -3%, -6% ("ARMs, affordability")
Q4: -4%, -7% ("Seasonal")
US Dollar 2006
Q1: +2% (needless rally) I'm glad I'm wrong so far, USD has been weak thus far
Q2: -4% (Euro oil trade)
Q3: -2% (foreign money pouring)
Q4: -5% (foreign can't fund enough)
I believe 2007 will be a scary and true panic year especially with many more ARMs resetting. 2006 will be considered uncomfortable, and 2005 and before will be the good ol' times.
House prices 2006 [national, bubbles]
Q1: +1%, -3% ("little air")
Q2: -1%, -5% ("> normal inventory")
Q3: -3%, -6% ("ARMs, affordability")
Q4: -4%, -7% ("Seasonal")
US Dollar 2006
Q1: +2% (needless rally) I'm glad I'm wrong so far, USD has been weak thus far
Q2: -4% (Euro oil trade)
Q3: -2% (foreign money pouring)
Q4: -5% (foreign can't fund enough)
I believe 2007 will be a scary and true panic year especially with many more ARMs resetting. 2006 will be considered uncomfortable, and 2005 and before will be the good ol' times.
posted by Out at the peak at
11:31 AM
2 Comments:
Hey Peak! Was looking at your site and saw you had attached a must-read link to my Blog (thanks!). Anyway, the link is dead. Use the following: http://economicrot.blogspot.com/
BTW, I've updated it just a bit.
By
Randy, at 10:40 PM
Thanks for the heads up. I've updated the template.
By
Out at the peak, at 11:35 AM
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