tag:blogger.com,1999:blog-6616959642391988608.post5181051093638737023..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Come and get itScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-70670776681138049562013-04-14T03:16:51.223-07:002013-04-14T03:16:51.223-07:00We are passing through the Golden Age of America. ...We are passing through the Golden Age of America. The online dictionary informs, a time period when some activity or skill was at its peak; and the Oxford dictionary defines, an idyllic, often imaginary past time of peace, prosperity, and happiness. the period when a specified art, skill, or activity is at its peak.<br /><br />Through trust in monetary expansion policies of the world central theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30944478341643099442013-04-13T17:23:48.004-07:002013-04-13T17:23:48.004-07:00Benjamin, tell this spread story to my banker. I&...Benjamin, tell this spread story to my banker. I've got a prime commercial loan. You KNOW they have been getting fat off me since 2008. 3.25% with f.f. at a quarter of a point.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35123746193268898252013-04-11T10:38:21.449-07:002013-04-11T10:38:21.449-07:00"There has never been a better time to buy a ..."There has never been a better time to buy a house" - straight from the NAR hymn sheet.Gloeschihttps://www.blogger.com/profile/10705125909506053628noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-7617433891042777512013-04-11T10:29:47.690-07:002013-04-11T10:29:47.690-07:00Leverage exposes people to massive losses from &qu...Leverage exposes people to massive losses from "tail" events that can/will occur in their lifetimes. Only banks get bailed out. People get “bailed-in”. Better to do the opposite. Have an unlevered balance sheet and strong positive cash flows. Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10577737873193301552013-04-10T22:38:46.201-07:002013-04-10T22:38:46.201-07:00BTW, Ken Rogoff says low rates could be with us fo...BTW, Ken Rogoff says low rates could be with us for a while.<br /><br />"My best guess is that when global uncertainty fades and global growth picks up, global interest rates will start to rise, too. But predicting the timing of this transition is difficult. The puzzle of the global savings glut may live on for several years to come."--Rogoff<br /><br />Rogoff may right, several years. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62124242126751178112013-04-10T20:18:16.582-07:002013-04-10T20:18:16.582-07:00We may be seeing the new normal when it comes to i...We may be seeing the new normal when it comes to interest rates. <br /><br />The 30-year-secular trend in rates in developed nations has been down, down, down until they hit bottom, and then stay there, ala Japan.<br /><br />The world is awash in savings, and savings (or at least capital) appear to swelling, despite interest rates. People and businesses save for retirement, to buy houses, for Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com