nesteldulleke schreef op 26 oktober 2011 01:02:
en dat is nummer 4 :
U.S. Consumer Confidence Drops to 2-Year Low
www.bloomberg.com/news/2011-10-25/u-s...Consumer confidence in the U.S.
unexpectedly sank
and home prices stagnated, showing why the Obama administration and some Federal Reserve policy makers are pivoting to stem a housing slump that is threatening the economic recovery. The New York-based Conference Board’s household sentiment index slumped to 39.8 in October, the lowest level since March 2009 and less than the most pessimistic forecast in a Bloomberg News survey, the group’s data showed today.
Property values in 20 cities were little changed in August from the prior month and down 3.8 percent from 2010, according to S&P/Case-Shiller. hoop:
The outlook continues to deteriorate,” said Yelena Shulyatyeva, a U.S. economist at BNP Paribas in New York. “
It’s not good for confidence when people see their main asset, their homes, decline in value. Our
best-case scenario is we’ll muddle through.” Federal Reserve Bank of New York President William C. Dudley this week said breaking the ‘vicious cycle’ of declines in home prices and confidence should be a focus for the central bank as it tries to spur growth and bring down joblessness.
The government yesterday announced a plan to help borrowers get lower-interest mortgages for their devalued houses as President Barack Obama acknowledged prior efforts hadn’t done enough.
En daar verdien(d)en banken hun geld mee, met het renteverschil. Het verschil tussen de betaalde rente over het verkregen spaargeld en de verkregen rente op het uitr(ij)ken (joke) van hypotheken...