The Economic Surge Is On!

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Jobless claims fall less than expected

WASHINGTON -The job market showed continued strains on Thursday when government data said the number of newly laid-off workers filing applications for unemployment benefits fell less than expected last week.

http://money.aol.com/news/articles/_a/bbdp/jobless-claims-fall-less-than-expected/111932

Foreclosure Filings Surge 55 Percent

WASHINGTON (Aug. 13) -The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with the same month a year ago, according to data released Thursday.

http://www.walletpop.com/article/_a/bbdp/foreclosure-filings-surge-55-percent/41295

Inflation Rate Hits 17-Year High

WASHINGTON (Aug. 17)- Consumer prices shot up in July at twice the expected rate, pushed higher by surging energy and food costs. The latest surge left inflation running at the fastest pace in 17 years.

http://money.aol.com/news/articles/_a/bbdp/inflation-rate-hits-17-year-high/131643

Stocks head for lower open after inflation data
Stock futures pointed to a lower opening Thursday after the Labor Department reported another hefty jump in consumer prices.
http://money.aol.com/marketnews/
 
They are a lot braver than me, I didn't like real estate much when it was gang busters. Like it even less now with some saying it won't bottom till late next year.
all I have in the market is HPT for a couple thousand
 
2011-2013 will be capitulation of real estate as a whole. Some of the markets will hit bottom sooner and be rising in 2009 or 2010. After 2013 we will have another bull bubble in housing. its cyclical and as Top always says long term 6% a year.
 
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