tag:blogger.com,1999:blog-6616959642391988608.post8249661083656725653..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Chart updatesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-6616959642391988608.post-60807150411494080512016-08-01T17:50:56.702-07:002016-08-01T17:50:56.702-07:00Also: Have you checked conditions in Venezuela whe...Also: Have you checked conditions in Venezuela where the printing presses are working overtime? Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27372129783132304132016-07-31T09:20:59.568-07:002016-07-31T09:20:59.568-07:00Ben Jamin, inflation is taken so lightly verse eve...Ben Jamin, inflation is taken so lightly verse even<br />the hint of deflation.<br /><br />In a action of desperation, the Central "Crank" Bankers<br />will begin to purchase all government debt to keep the<br />their system from collapsing. (I better use the word monetizing)<br /><br />World debt will not be paid off and monetizing will be the only<br />asset left for governmental Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68325870928618590072016-07-29T17:40:45.736-07:002016-07-29T17:40:45.736-07:00Time was when the economy ran at 3% real growth an...Time was when the economy ran at 3% real growth and 3% inflation. Then we went to 2% inflation and 2% real growth. And now it appears we are happy with 1% growth and 1% inflation. <br /><br />The New Normal?<br /><br />I hate to see the future...Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17062464353121335192016-07-29T17:32:32.577-07:002016-07-29T17:32:32.577-07:00Hans: Believe you me, if the West Coast unzones an...Hans: Believe you me, if the West Coast unzones and the Fed sends in the helicopters, we see 20 years of robust GDP expansion....Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15048664984782452302016-07-29T07:04:56.889-07:002016-07-29T07:04:56.889-07:00Even HansCastNow miscalculated the GNP annual grow...Even HansCastNow miscalculated the GNP annual growth<br />rate running at pre-adjusted 1.2%.<br /><br />Restaurants sales are declining as well. A precursor to<br />a recession? Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85975240372724947622016-07-28T12:26:53.767-07:002016-07-28T12:26:53.767-07:00Ben Jamin, even Bloombag is joining your call to e...Ben Jamin, even Bloombag is joining your call to end<br />zoning!<br /><br /> http://www.bloomberg.com/view/articles/2016-07-27/zoning-has-had-a-good-100-years-and-that-s-plentyHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40924243388233866692016-07-21T18:11:19.083-07:002016-07-21T18:11:19.083-07:00Benjamin: clever!Benjamin: clever!Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69439412265237682272016-07-21T17:40:55.150-07:002016-07-21T17:40:55.150-07:00Scott changed the blog photo. He is showing what s...Scott changed the blog photo. He is showing what should be the site of a 60-story condo tower.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54687751509852617832016-07-21T14:06:11.120-07:002016-07-21T14:06:11.120-07:00Lodging costs, as per Case Shiller, are still well...Lodging costs, as per Case Shiller, are still well beneath their "air pocket" highs in genuine terms. In the interim, mortgage rates are at verifiable low levels. Both propose that there is loads of space for further development. <a href="http://mortgagebidder.ca/calgary-mortgage-rates" rel="nofollow">mortgage rates calgary</a>ClaytheBergehttps://www.blogger.com/profile/14933104875819839086noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-35111020445574891062016-07-20T17:11:13.018-07:002016-07-20T17:11:13.018-07:00Frozen--
Yes the GOP sludge-fest is dispiriting a...Frozen--<br /><br />Yes the GOP sludge-fest is dispiriting and the Donks are worse.<br /><br />Judging from the convention, the GOP evidently plans prosperity through bellicosity, occupations and war...<br /><br />DF and other regs have basically pushed lower-income buyers out of the housing market.<br /><br />Property zoning is just bad economics through and through and now is resulting in worldBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8382325289194810862016-07-20T11:12:27.101-07:002016-07-20T11:12:27.101-07:00Ben Cole:
I understand your hobbyhorse with regar...Ben Cole:<br /><br />I understand your hobbyhorse with regards to zoning -- as for Dodd Frank, not sure I get the idea. Banks usually don't hold on to mortgages anyway -- securitised instruments instead. The change in demand for housing could be caused by zoning, but if its true then 2003-07 should not have happened (right!) <br /><br />No my guess is twofold: Millenials have neither the Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62836444447198013702016-07-20T10:32:53.384-07:002016-07-20T10:32:53.384-07:00Thank you for your answer. It's clear.
I take ...Thank you for your answer. It's clear.<br />I take this opportunity to thank you a lot for your very interesting blog. I learn a lot from your analysis.<br />Regards,chichinahttps://www.blogger.com/profile/02859737696913912184noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42810580994719934082016-07-20T10:20:45.657-07:002016-07-20T10:20:45.657-07:00The PPP value of EUR/USD shown in the chart (1.17)...The PPP value of EUR/USD shown in the chart (1.17) is the result of my own calculations and judgment.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46688097176670240902016-07-20T10:13:15.043-07:002016-07-20T10:13:15.043-07:00Good afternoon,
Could you specify the source of P...Good afternoon,<br /><br />Could you specify the source of PPP EUR/USD=1,17? Indeed, from the OECD website, they give EUR/USD=1,30<br /><br />https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm#indicator-chart<br /><br />Thanks a lot for your help,chichinahttps://www.blogger.com/profile/02859737696913912184noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71578699020504645822016-07-19T17:17:23.328-07:002016-07-19T17:17:23.328-07:00Good post as usual. I never understood the full v...Good post as usual. I never understood the full value of technical charts until I discovered this blog.Illuninatihttps://www.blogger.com/profile/11423190828865695564noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16125264128899715122016-07-19T16:52:14.389-07:002016-07-19T16:52:14.389-07:00Nice review. New nominal highs on Wall Street.
C...Nice review. New nominal highs on Wall Street. <br /><br />CPI core minus shelter still dead. The Fed uses the PCE as its inflation gauge and it is running even lower.<br /><br />Housing starts may be crimped for a long time due to Dodd Frank and property zoning. This will result in rising housing costs regardless of monetary policy. <br /><br />Well, interesting times.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com