A look into the future...

Wow, the worst for the commercial real estate market still lies ahead. For years we have heard Kirk Nace tell us that commercial real estate will follow the same cycle as residential and will trail by 24 to 36 months. Here is yet another confirmation that for those of us who listen we do in fact have a real estate crystal ball.

Click on the title above or the link below to review the entire Orange County Register article.
http://www.ocregister.com/articles/guru-312324-real-commercial.html

Banks still at it...

By now I'm sure you've heard about the mess the banks have gotten themselves into with their questionable foreclosure practices... Well they are still at it...

Click on the title above or the link below to review the entire New York Post article.
http://www.nypost.com/p/news/business/house_of_cards_hNdx5fNGt6oOl1U9mTW0HN

Say goodbye to the "good ol' days"

When we asked Kirk Nace for his thought on this breaking news of the S&P downgrade he replied "What does this tell us about the oh so common phrase 'backed by the full faith and strength of the US government?' It's long overdue and not nearly a strong enough reduction, but I am sure the Obama administration has placed all kinds of pressure on ratings agencies to provide favorable ratings. There will be much more to come, the events of the past week with our financial markets here in the US, the challenges facing Europe, China, Japan and Brazil, are simply the tip top of the iceberg. The exciting news is this creates infinite new opportunities and possibilities for those who are looking."

A look back to 2001...

How is it that our politicians knew that Fannie, Freddie and the US Housing Market posed systemic risks in 2001 and yet did nothing to prevent the recent collapses?

Click the link below to watch the short video.
http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1

What do the numbers really mean?

Here is an easy to understand article on how unemployment numbers really work and what you should know.

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/44033486

A crystal ball into the United States' financial future?

We recently shared with you our top consultant, Kirk Nace's thoughts on our debt challenges here in the US. Mr Walker, the former comptroller of the US who now runs the Peter G Peterson Foundation, was one of the people with whom Mr Nace shared his thoughts. Take a couple of minutes and hear what Mr Walker had to say this morning on CNBC.

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/43984077