Pending home sales fell markedly across California in September, with the largest regional drop-off occurring in the Bay Area. That’s according to a new survey by the California Association of Realtors (C.A.R.).In other words, the bubble — if you want to call it that — will burst. More renters flooded the market after people lost their homes in the housing crisis.
Goldman Sachs’ debt underwriting revenue has doubled since 2010, which currently makes up 16% of the business, and boost or flunk the business we do not research yet.
According to Dealogic, Goldman Sachs ranked fourth for US marketed debt capital markets work for the first nine months of the year, behind powerhouse commercial banks Citigroup, Bank of America Merrill Lynch and JPMorgan, but ahead of traditional debt players like Wells Fargo, Barclays and Deutsche Bank. The bank ranked sixth over the same period a year earlier.
Goldman Sachs that has been quietly crushing it, but crashing it who & what?Dalio warned that that could lead the Fed to run “an inappropriate monetary policy.”
“Because the economic, social, and political consequences of an economic downturn would likely be severe, if I were running Fed policy, I would want to take this into consideration and keep an eye on the economy of the bottom 60%.”
- Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund, just published a note on the state of the US economy.He noted that the bottom 60% of Americans are struggling, listing a litany of depressing statistics to make his case.
- He said that if he were running Federal Reserve policy, he’d keep an eye on the bottom 60%.
The point of this exercise is to show that while the headline numbers show a growing, healthy economy, there’s a lot more going on under the surface that needs to be paid attention to. The stats he cites for the bottom 60% are downright depressing.
In other words, the economy isn’t as healthy as might appear at first look. And note includes a warning: the “stress between the two economies” will “intensify over the next 5 to 10 years” because of demographic and technological change.
The school loans are the worst bubble loans for our growed up generation right now. And we keep blowing the bubble for more hopeless education system.
How will rural communities adapt to a world of independent workers?
Communication is the life line of any relationship, without communication skills the relationship will starve itself to now: dangerously tangled, soon?
Good Luck, most world top leaders already gave up on hope. “No communication, no economy. One way communication: No freedom of rights, privacy is taken away, when no one is good enough to stand up, there is no need to feed with fear. This fish can not swim. ” Could be there another Leonardo today? “
Burcu Akan – Editor In Chief