Good News is out there!
Goods News You Don’t Hear
- Corporate cash flows are their strongest in 25 years.
- Interest rates are low (below the average 7.1-% over the last 8 years).
- US home prices are down to 5.7 times per capital income (October 2005 was 7.3).
- Measures that took Japan 10 years to implement to fix their financial problems, has taken us 90-days.
- Money from overseas is flowing into the US Treasuries (we are the world’s engine).
- Existing home sales highest in a year (up 5.5% August to September).
- New home sales up 2.7%.
- Inventory of unsold home fell 7.3% (biggest drop in 4 years).
- The dollar is strong again.
- Oil prices are dropping (almost $20 less than 60-days ago).
- There are more TV segments on where to make $$ in real estate.
(Note: the above is from our friends at SunTrust)
I hear and read a lot of bad news these days but sometimes we just need to look a little harder to find the good news. We are the Strongest Country in the World and our Freedoms are what make us a gret Nation!
Go out and look for some good news today, it is out there!
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