After Sub-prime, Is Commercial Property Next?
Based on my own experiences of being allowed to borrow 40 times my annual income to purchase investment property, I knew the real estate party was going to end badly for many borrowers, banks and...
View ArticleHow The Carry Trade Really Works
Here’s a really, really good video on how the carry trade works and what implications it has on global asset prices and the global financial stability. I think the carry trade will have to reverse at...
View ArticleDollar May Weaken
I regularly read the ‘Daily Pfenning’ by Charles Butler of Everbank.com. Today’s issue was especially bearish on the dollar. The Yen finally started to move back up hitting a one month high over the...
View ArticleGot My Japanese REITs
Finally managed to buy the Japanese REITs yesterday. The Tokyo Stock Exchange is about 14-16 hours ahead so you have to submit it and check on it later to see if you got lucky. I’m betting that the Yen...
View ArticleInvesting In Japanese Real Estate
In a previous post I had mentioned that a Japanese REIT was going IPO. I was wondering how I could get in on the action. It seems like a good idea – the Dollar should weaken against the Yen and Japan’s...
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