Hi readers
Hope your ok with the Mercury retrograde motion presently.
Not too many confusions.
We see the US showing numbers of a slowdown in the economy.
While this is expected, there are serious fundamentals wrong with the economy.
So the question comes back to how can you justify the high valuations?
Even APPL is very overpriced!
All I can say is astrology does not lie.
We are seeing some tightening of money by the banks which I might say is now forced by them regulatory wise.
You still need insurance for everything under the sun ( life, house, loan, income) and you are only able to borrow I believe it's 80% of whatever you pay for the property.
I believe before it was a case of borrowing up to 95% of the prices, plus the insurance spaghetti, and signing over access to you super/401k.
Mid last week I went to a conference and meet up with some bankers from the UK and Australia in Singapore.
85-90% of the morgage holders only pay interest.
They don't have the capacity to pay the capital also.
The rude awakening is as of the 1st of July banks are going to reevaluate property and all holders will need to have the 20% equity in there properties.
This is due to regulation which has been force on them.
But here is the beauty, it needs to be done in an orderly fashion, without panic to the market.
How cool is that!!!
Does someone know something? LOL
In regards to the market.
Only for the U.S. market at the present time.
2nd is a good down 1+% day
With the full moon on that day should be a bottom.
3rd,4th,5th are drift days to the up side slightly.
Until the new moon on the 15-16th depending where you live please trade small.
Hope your ok with the Mercury retrograde motion presently.
Not too many confusions.
We see the US showing numbers of a slowdown in the economy.
While this is expected, there are serious fundamentals wrong with the economy.
So the question comes back to how can you justify the high valuations?
Even APPL is very overpriced!
All I can say is astrology does not lie.
We are seeing some tightening of money by the banks which I might say is now forced by them regulatory wise.
You still need insurance for everything under the sun ( life, house, loan, income) and you are only able to borrow I believe it's 80% of whatever you pay for the property.
I believe before it was a case of borrowing up to 95% of the prices, plus the insurance spaghetti, and signing over access to you super/401k.
Mid last week I went to a conference and meet up with some bankers from the UK and Australia in Singapore.
85-90% of the morgage holders only pay interest.
They don't have the capacity to pay the capital also.
The rude awakening is as of the 1st of July banks are going to reevaluate property and all holders will need to have the 20% equity in there properties.
This is due to regulation which has been force on them.
But here is the beauty, it needs to be done in an orderly fashion, without panic to the market.
How cool is that!!!
Does someone know something? LOL
In regards to the market.
Only for the U.S. market at the present time.
2nd is a good down 1+% day
With the full moon on that day should be a bottom.
3rd,4th,5th are drift days to the up side slightly.
Until the new moon on the 15-16th depending where you live please trade small.
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