Nobel Prize winner Robert Shiller: Greater than average chance of recession in the next 18 months

[tacobell fan]

Nobel Prize winning economist Robert Shiller says that the state of the economy, housing and stock markets, combined with continued low interest rates, could mean the U.S. is due for a recession.

However, he says that human behavior makes it very difficult to make predictions. The Trump administration and extreme weather events haven’t affected markets...yet.

https://www.cnbc.com/2019/03/19/robert-shiller-greater-than-average-chance-of-recession-in-18-months.html

[tacobell fan]

Professor Shiller said to Yahoo Finance's Jackie DeAngelis that if the recession doesn't come by June this year, then this sets a new record for the longest expansion.

https://finance.yahoo.com/video/robert-shiller-track-set-record-214938796.html

[Pumpuhaar]

Housing market baaga debba tintadi

[solman]

Just now, Pumpuhaar said:

Housing market baaga debba tintadi

east facing houses anni sale lo ki vastayi ani @Spartan ki @ARYA uncle chepppadu anta

[Hitman]

Lift in June. Markets will be soaring. Tatha will make it happen, on his way to 2020 MAGA. 

[Pumpuhaar]

Just now, solman said:

east facing houses anni sale lo ki vastayi ani @Spartan ki @ARYA uncle chepppadu anta

Home value padipotadi but manavaallu ammaru  

[solman]

1 minute ago, Pumpuhaar said:

Home value padipotadi but manavaallu ammaru  

emo uncle... @Spartan and @ARYA ke telyali

[tacobell fan]

14 minutes ago, Hitman said:

Lift in June. Markets will be soaring. Tatha will make it happen, on his way to 2020 MAGA. 

Robert Schiller kuda cheptundhi adhe it's very hard to predict due to @TRUMP ani 

[tacobell fan]

14 minutes ago, Pumpuhaar said:

Home value padipotadi but manavaallu ammaru  

Mostly true because they just stick to their homes/houses even if they are paying more interest rates 

[soodhilodaaram]

18 minutes ago, tacobell fan said:

Mostly true because they just stick to their homes/houses even if they are paying more interest rates 

interest rate wont go up if you have fixed.. it will only go up in case of ARM loans

the challenge would be depreciating home prices due to less people wanting to buy during recession, demand goes down prices go down. some of existing home owner loses job..it will lead to foreclosure as they want to save cash.. typically upma recipe for economic mess

[tacobell fan]

3 minutes ago, soodhilodaaram said:

interest rate wont go up if you have fixed.. it will only go up in case of ARM loans

the challenge would be depreciating home prices due to less people wanting to buy during recession, demand goes down prices go down. some of existing home owner loses job..it will lead to foreclosure as they want to save cash.. typically upma recipe for economic mess

Interest rates are fixed, yes. I meant to say if a correction happens then you are locked to pay same high rate as of today as opposed to new lower rates. 

[tacobell fan]

And..... this happened 

 

 

 

 

[boeing747]

Taco ga, mammalni undamantava or hengeyamantava US nunchi

[Spartan]

11 minutes ago, tacobell fan said:

Interest rates are fixed, yes. I meant to say if a correction happens then you are locked to pay same high rate as of today as opposed to new lower rates. 

appudu refin cheskuntaru

[tacobell fan]

7 minutes ago, Spartan said:

appudu refin cheskuntaru

only if banks willing to