US Economic News

A new "innovative, popular and complex" product, named CLO (collateralized loan obligations)? A complex product usually is a risky one, IMHO.

Risky and complex US loan wagers are red hot in low-yield Asia
http://www.theedgemarkets.com.sg/risky-a...yield-asia

US's influence is still strong in AP

APEC trade ministers omit protectionism pledge in statement

By:
Bloomberg
22/05/17, 02:14 pm
(May 22): Asia-Pacific trade ministers issued a diluted “actions” statement after a weekend meeting in Vietnam, suggesting further pressure from the U.S. to avoid explicit pledges to combat protectionism.

The statement came after a dispute over wording, particularly whether to include language about protectionism. Instead, the Asia-Pacific Economic Cooperation document focused on issues like regulation and red tape.

“We call on officials to accelerate work to deepen APEC’s structural reform agenda to remove barriers to trade and investment,” it said.
http://www.theedgemarkets.com.sg/apec-tr...-statement

The interest rate hikes are finally coming with high certainty.

US Fed raises key rate to 1.0-1.25%, signals one more hike in 2017
15 Jun 2017 06:34
[WASHINGTON] The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25 per cent on Wednesday and signaled another increase remains likely this year, despite the recent spate of weak economic data.

In explaining this second rate hike of 2017 and plans for more increases in the coming months, Federal Reserve Chair Janet Yellen said the move reflected the progress in the world's largest economy, which continues to add jobs at a solid pace.

"The economy is doing well, is showing resilience," Ms Yellen said in her quarterly press conference.
...
Source: AFP

Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar

Bryan Schild drives through the byways of Houston looking for what could be the investment opportunity of a lifetime: homes selling for as little as 40¢ on the dollar. “We Pay Cash For Flooded Homes $$$$$$$$ Don’t fix it, sell it. Quick close,” read the signs piled in the back seat of his Ford pickup.

Schild stops by a ranch-style house where 74-year-old Paul Matlock lives with his wife, disabled from multiple sclerosis. Matlock is desperate to leave and is considering Schild’s offer of $120,000—half the home’s value three weeks earlier. A half-dozen other investors have made offers, one as low as $55,000. “The whole thing makes me feel like there’s a bunch of vultures sitting on my back fence,” Matlock says. “They’re waiting for the dead body to fall over.”

It’s axiomatic on Wall Street that the time to buy is when fear overtakes greed—when blood (or, in this case, water) is in the streets. Now some are eyeing the billions of dollars in hurricane-ravaged property in Texas and Florida and deciding it may be the time to take out their checkbooks. Investors such as Schild figure they can buy low, either fix up and flip the houses or rent them out for several years, and unload them later, doubling their money or more.

...

https://www.bloomberg.com/news/articles/...homeowners

Lots of money in the market looking for risky assets.

(13-10-2017, 10:27 PM)karlmarx Wrote: Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar

Bryan Schild drives through the byways of Houston looking for what could be the investment opportunity of a lifetime: homes selling for as little as 40¢ on the dollar. “We Pay Cash For Flooded Homes $$$$$$$$ Don’t fix it, sell it. Quick close,” read the signs piled in the back seat of his Ford pickup.

Schild stops by a ranch-style house where 74-year-old Paul Matlock lives with his wife, disabled from multiple sclerosis. Matlock is desperate to leave and is considering Schild’s offer of $120,000—half the home’s value three weeks earlier. A half-dozen other investors have made offers, one as low as $55,000. “The whole thing makes me feel like there’s a bunch of vultures sitting on my back fence,” Matlock says. “They’re waiting for the dead body to fall over.”

It’s axiomatic on Wall Street that the time to buy is when fear overtakes greed—when blood (or, in this case, water) is in the streets. Now some are eyeing the billions of dollars in hurricane-ravaged property in Texas and Florida and deciding it may be the time to take out their checkbooks. Investors such as Schild figure they can buy low, either fix up and flip the houses or rent them out for several years, and unload them later, doubling their money or more.

...

https://www.bloomberg.com/news/articles/...homeowners

Lots of money in the market looking for risky assets.

Wow
Gd to know...
Opportunities abound even in catastrophe
Of course, One man’s misfortune is another’s fortune...

(14-10-2017, 02:57 AM)TTTI Wrote:

(13-10-2017, 10:27 PM)karlmarx Wrote: Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar

Bryan Schild drives through the byways of Houston looking for what could be the investment opportunity of a lifetime: homes selling for as little as 40¢ on the dollar. “We Pay Cash For Flooded Homes $$$$$$$$ Don’t fix it, sell it. Quick close,” read the signs piled in the back seat of his Ford pickup.

Schild stops by a ranch-style house where 74-year-old Paul Matlock lives with his wife, disabled from multiple sclerosis. Matlock is desperate to leave and is considering Schild’s offer of $120,000—half the home’s value three weeks earlier. A half-dozen other investors have made offers, one as low as $55,000. “The whole thing makes me feel like there’s a bunch of vultures sitting on my back fence,” Matlock says. “They’re waiting for the dead body to fall over.”

It’s axiomatic on Wall Street that the time to buy is when fear overtakes greed—when blood (or, in this case, water) is in the streets. Now some are eyeing the billions of dollars in hurricane-ravaged property in Texas and Florida and deciding it may be the time to take out their checkbooks. Investors such as Schild figure they can buy low, either fix up and flip the houses or rent them out for several years, and unload them later, doubling their money or more.

...

https://www.bloomberg.com/news/articles/...homeowners

Lots of money in the market looking for risky assets.

Wow
Gd to know...
Opportunities abound even in catastrophe
Of course, One man’s misfortune is another’s fortune...

They forget sometimes flood can hit again soon. Big risk big returns. From what i been hearing property markets in many parts of usa are booming again at the moment.

Sent from my SM-T800 using Tapatalk

I really think that there are many way to profits from the market

Somehow, I think the simplest way is always ignored by most people.

Especially valuebuddies who likes to calculate (to 2 decimal place).

I try not to touch those distressed properties.

I learn from Adampak that that the best way moving forward is really sell off the factories that's had been flooded.

exactly what BK says, it might happens again.

Bangkok flood 14 Oct 2017
check the weather and do some preparation before going to BKK these few days.

Wow things are getting interesting again. Will they be able to work out a deal by Monday, or will Trump go off and play a round of golf...

Bloomberg U.S. Shutdown Starts as Senate Democrats Block GOP Funding Plan

2018.04.22【文茜世界周報】回憶錄大爆料　批川普道德上不適任美總統
https://www.youtube.com/watch?v=ms2L5m71...-pKgdwMSAU