tag:blogger.com,1999:blog-31427364.post8721928781402819446..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: Varying Outlooks for 2008mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-31427364.post-23955078626007344512008-01-03T15:26:00.000-08:002008-01-03T15:26:00.000-08:00Fraser Valley Stats are out. I look forward to you...Fraser Valley Stats are out. I look forward to your analysis!! <BR/><BR/>http://www.fvreb.bc.ca/mls-statistics.phpPaulhttps://www.blogger.com/profile/08069424275563757552noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-89941229264743049352008-01-03T10:36:00.000-08:002008-01-03T10:36:00.000-08:00You are correct freako and I would suggest that an...You are correct freako and I would suggest that anyone looking at picking stocks right now should look for non-cyclical and non-consumer oriented companies. Companies who are focused on the US consumer will probably be hit quite hard. Especially stay away from companies whose earnings rely on discretionary consumption - Starbucks, Tiffany, etc. <BR/><BR/>Some suggestions are health care (Pfizer looks particularly good right now), Agriculture Products, Fertilizer and Equipment (Monsanto, Deere and Co), and consumer staples with a global marketplace (Kirin, Anheuser Busch or Altria would be good starts). Selected financial companies could be a very wise buy if you are able to handle the volatility.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-9032772586074285482008-01-02T18:52:00.000-08:002008-01-02T18:52:00.000-08:00Fundamental valuation metrics across North America...<B>Fundamental valuation metrics across North America are also quite reasonable and the current market is not in lofty P/E territory.</B><BR/><BR/>Well the problem is that the denominator in the P/E equation would get a haircut if the U.S. economy slows due to reduced consumer spending. One could almost say that there is a bubble in earnings.freakohttps://www.blogger.com/profile/06236681769619303395noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-20443946946760283042008-01-02T15:19:00.000-08:002008-01-02T15:19:00.000-08:00It has been said that bull markets climb a wall of...It has been said that bull markets climb a wall of worry and it is true. Crashes typically only come at the point of maximum optimism and I do not sense that at all in the North American stock markets. <BR/><BR/>Fundamental valuation metrics across North America are also quite reasonable and the current market is not in lofty P/E territory. That said I wouldn't expect double digit returns this year either but the main indexes should beat a savings account.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-15274259629614395362008-01-02T15:18:00.000-08:002008-01-02T15:18:00.000-08:00I read an article recently by one of the guys who ...I read an article recently by one of the guys who used to do that sort of economic prediction for a big investment company. He said he'd predicted one of the big drops ('80s I think) but his bosses wouldn't put it in the company report because if he was RIGHT the company gained very little and if he was wrong they looked like fools and lost a lot of money.Mark Fengerhttps://www.blogger.com/profile/01922616270777907779noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-90006749014924602482008-01-02T14:08:00.000-08:002008-01-02T14:08:00.000-08:00Everyone is an optimist it seems, but for those at...Everyone is an optimist it seems, but for those at NBF.<BR/><BR/>"They" must be putting something in the water. Then again, the pthalates from my bottled water may be affecting my own common sense.solipsisthttps://www.blogger.com/profile/11585532276216559502noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-11957556658265080562008-01-02T12:10:00.000-08:002008-01-02T12:10:00.000-08:00REBGV inventory charts are uphttp://www.nvcondos.c...REBGV inventory charts are up<BR/><BR/>http://www.nvcondos.ca/aPage.jsp?aPageId=3Paulhttps://www.blogger.com/profile/08069424275563757552noreply@blogger.com