Trends

We all know that the economy has not improved and has been a bumpy road since 2007. We all know that Congress, the Administration, and the financial industry have and will continue to mire in their own egos while we all are left to watch and be impacted by their actions. I have and will continue to be a proponent that

AS HOUSING GOES……..SO GOES THE ECONOMY

I wanted to show you several trends. In a previous blog, I illustrated the relationship price of oil has to housing starts. As you may know, our economy does not turn around on a dime. There is a significant lag in what is really going on and the official numbers. In other words, the economic trends in the second half of 2010 will show up in the first half of 2011 official data. The trend is already cast for the balance of this year.

In an election year and the inability of Congress do to anything will leave us hanging through mid-2013 --- at the earliest. Thus, Expect the Worst and Pray for the Best.

                                   GDP                         Gas Prices                                Housing Starts

2nd quarter 2010        1.7%                        2.86 per gal                               142,000

3rd quarter 2010         2.6%                       2.93                                           119,000

4th quarter 2010          3.1%                       3.32                                            96,000

1st quarter 2011          0.4%                       3.95                                            89,000

2nd Qt. Adv. Est.         1.3%                      3.89                                              ??

I am not an economist nor am I an expert in anything. Research on your own and reach your own conclusions.

Have strong Beliefs

Be an Optimist
Relentless Preparation
Invest in Others
Live in a State of Gratitude
Act rather than react
Reinvent