GREY:WFEMF - Post by User
Post by
Majormac79on Aug 13, 2012 11:44am
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Post# 20211063
my opinion
my opinion The America's are going to continue and accelerate into a full recovery through next year. Buy on dips and hold on tight to those cheap shares. The refinancing that is happening is going to make huge leaps in the US citizens pockets. Europe is going to be a sad part of the world until they are willing to except some inflation pressures to solve their debt issues.
https://www.bloomberg.com/news/2012-08-13/refinance-jump-rebuilds-u-s-savings-as-growth-delayed-economy.html
Refinance Jump Rebuilds U.S. Savings as Growth Delayed: Economy
Americans’ drive to rebuild savings and pay down debt may mean the gains from the current mini boom in mortgage refinancing will accrue over years rather than have a more immediate effect on the U.S. economy.
Aided by record-low interest rates and an expansion of government programs, the value of home loans refinanced this year will rise to $932 billion from $858 billion in 2011, according to projections from the Mortgage Bankers Association. The group’s gauge tracking the volume of credit being reworked climbed at the end of July to the highest level in three years.