Wired World with Paul Cardis

The Market Dodged a Bullet, but Another is Coming

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On Thursday, July 1, 2010 the market had one of the worst news days in recent memory. Essentially, the experts are saying "the market is now fundamentally broken" and to expect large declines in stock value over the coming weeks. The bottom line is that the stimulus put in place is not working yet, but watch out, QE II (quantitative easing package II) is in the works, and will be showing at a theater near you around the fall elections. The point here is that we will rack up a total of 4-5 trillion or double the amount already spent to win the battle of inflation over deflation. An inflationary period is coming, but now perhaps later than anticipated. Builders will most likely endure another round of declines before housing takes off with inflation. I wrote about the impact of inflation on housing in my article titled, Housing As Good As Gold http://avidbuilder.com/content/housing-good-gold.

We will get our inflation, but look out; it won’t come without a likely dip before and continual volatility in the housing market. I still recommend picking up cheap land, but it is best now to wait for the second leg down before stockpiling any further. Only the smart will survive, so tread carefully.

I welcome your input.

Best Always,

Paul Cardis

 
 

Comments (1 Total)

  • Posted by: Anonymous | Time: 8:05 PM Friday, September 27, 2013

    Hi Paul I see this post is a bit dated but it seems we are heading down the same old road again. At www.ubuildnet we have just purchased a nice piece of land in hopes of delivering a new office building for our company. As I see interest slowing creeping up it seems now is as good as time as any, any thoughts? John Clark CEO www.ubuildnet.com

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About the Blogger

Paul Cardis

thumbnail image Avid Ratings is a full-service customer loyalty management firm, providing enterprise-level surveys, organizational strategies, employee training, and proprietary solutions that create delighted customers and drive increased profitability. Working with over 2750 homebuilders throughout North America, Avid goes beyond just surveys, it delivers solutions that significantly improve the bottom line of its home building clients.