Monday, April 23, 2012

World Markets & Oil Price

There definitely seems to be a disconnect as of late.  All of the news is of a slowdown in both Europe and China.  While I'm not surprised, what is surprising is the resilience of the price of oil.  It doesn't seem to care what is going on in the world. 

My guess is if you see a big move south in the price of oil, it will be time to head for the hills. 

US Housing

Another big question for me is when, oh when, the US housing market is going to turn the corner.  Here is a decent summary from Bobddad Blog.  Perhaps it is about to begin?

http://bonddad.blogspot.ca/2012/04/housing-overview-part-1-sales.html


Regards,

Kevin

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