The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the 2010 decline by region (click to enlarge), showing how uneven the fall was this year – four regional areas were actually up:
“The least unattractive asset class to me is stocks.”
Monetary tightening is increasing the risk of a technical recession
Tyler Kocon, manager of the Bakken Shale model, is invested in stocks that could benefit whether or not there’s a face-ripping rally in natural gas.
Pricing pressures are not limited to the real estate sector, as companies like Heineken, Tesla, and Winnebago are also struggling to pass on higher input costs to customers, with some even engaging in a price war.
