Is the Stock Market at it’s Peak?

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Martin Sumichrast notes that interest rates have started their long predicted climb. He expects its increase to continue further until the 10 year note nears 3.5-3.75%, then flatten. Martin adds, “This will probably take until the end of 2013, and … Continue reading

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Mortgage delinquencies back on the rise?

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When the government intervenes and creates programs that attempt to help homeowners, such as the Home Affordable Modification Program, mix results can happen. In this case, 865,000 homeowners were helped with their underwater mortgages. However, almost 1/2, 306,000, ended up … Continue reading

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Martin Sumichrast | Fed Intervention -It’s not if, but when

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Eighteen months ago some economists were suggesting the Feds intervention would go into 2015 and beyond. This was wishful thinking. The end to the Feds intervention is near and my guess is that’s is closer than most think. I would … Continue reading

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Martin Sumichrast | Home Price Gains Go to Double Digits

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I just read this article posted on CNBC http://www.cnbc.com/id/100769361 There is no question that home prices have rebounded in most metropolitan areas. Some prices in these areas have jumped higher than others, but I suspect that those that may be seeing … Continue reading

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STOCK MARKET HOT STREAK CONTINUES: Here’s What You Need To Know

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I think Business Insider is probably the most informative site for up to date news on everything interesting. As a result, you’ll see more posts from me referencing articles from this site and a few commentaries now and then. This … Continue reading

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The ‘No-Brainer’ Investing Method Beats The ‘Smart Money’ All The Time

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My comments on this article I posted below by Mamta Badkar for Business Insider. I watched Appaloosa Management‘s David Tepper on CNBC and he was right on the money. Despite the gridlock in Washington DC, American Capitalism is the greatest … Continue reading

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Martin Sumichrast |Milken Institute Global Conference, 2013

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Optimism and Electricity Despite the historic gridlock and continued failures in Washington DC, (aka. the Obama Administration and Congress), the overall sentiment at the 2013 MilkenConference held in Los Angeles last week was very upbeat. This tells me two things: … Continue reading

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Martin Sumichrast my new blog called the Full Startup

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This year I am going to publish commentaries and articles on the “The SumichrastReport” back to its traditional topics of US economy and Real Estate, similar to what my father and I started many years ago. I thought of the Fullstartup a … Continue reading

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Martin Sumichrast |My Top 7 Predictions for 2013

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Last year I predicted: 1. Housing would recover in 2012. I was right and housing starts jumped by 21% from 708,000 in November 2011 to 861,000 in November 2012. 2. I predicted interest rates on the 30-year would increase 20% … Continue reading

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Martin Sumichrast |If The Presidential Debate Were A Football Game,It Ended 62-24, Romney In A Blowout

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As a lover of College Football, I have to say, watching last nights Presidential Debate was like watching Nebraska Beat Florida in the 1995 Fiesta Bowl. At halftime, Nebraska so dominated the game with a 35-10 lead, that Florida looked … Continue reading

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