Archive for January, 2010
Surprising 2009 results for California real estate
Southland home sales up; median levels off.
The California real estate market continues to exist under the dark clouds of increasing foreclosure, bank phantom inventory and growing unemployment. In spite of these factors, the state managed to produce some very positive results in the larger markets. Way back in the dark ages of 2008, pundits and [...]
Goldman Sachs predicts stronger global economic growth
Jim O’Neill of Goldman Sachs makes some pretty bold predictions concerning the global economy for 2010 and 2011. Who wants to go against Goldman?
What a year, what a decade for stocks!
U.S. stocks end down sharply; post big yearly gain – MarketWatch.
The first decade of the 21st century was a tumultuous one for the U.S. stock market. From the end of 1999 to the end of 2009 the major stock indexes had these results:
DJIA: -9.3%
S&P 500: -24.1%
NASDAQ: -44.2%
Not a good decade for buy and hold investors. [...]
