2007 Financial Blogger Outlook Part III: The Economy, Oil, Gold, Currencies and Housing
For Part 3 of our 2007 Financial Blogger Outlook, we asked participants for their thoughts on various economic topics. Sixty-two percent of those surveyed believe that there will NOT be a recession in the US in 2007. The average estimate for the price of oil at year-end 2007 is $67 -- $4 higher than the current price.
Bloggers are considerably more bearish on the housing market and the US dollar than they are bullish. However, the outlook for US Treasuries in 2007 is positive, which would be a big plus for the housing market. Please see the charts and tables below for more details on the blogger outlook. And be sure to check out the blogs of our participants by clicking on their links at the bottom of the page. We'll have one more post with a couple other off-hand topics to finish off our survey later in the week.
2007 Financial Blogger Outlook Participants:
24/7 Wall Street Ant & Sons Bill a.k.a. nodoodahs Carl Futia Confused Capitalist Fly on the Wall Daily Dose of Optimism Daily Options Report Elliot Wave Lives On Fallond Stock Picks Global Economic Trend Analysis Hedgefolios In The Money Information Arbitrage Daily Blog Watch Knight Trader ChrisPerruna.com Millionaire Now Peridot Capitalist Quant Investor Random Roger's Big Picture SelfInvestors Shark Report Stock Advisors Tale of the Tape Trader Tim Wall St. Warrior WindRiver Blog Yaser Anwar
Once a downtrend is in place for housing, do falling interest rates turn around the trend? I don't believe that was the case in the early nineties, certainly for Orange County California. The trend didn't turn around until mortgage debt-to-median income ratio fell to below the historic average.
Posted by: RB | December 20, 2006 at 01:16 PM
If Fed cuts rates just twice we could see a re-financing boom which always bodes well for US treasuries, let's see if this happens again.
Posted by: Yaser Anwar | December 20, 2006 at 02:02 PM
So, let me get this straight:
You poll the insane people from "Elliot Wave" and not the Fly?
Posted by: Broker A | December 21, 2006 at 09:13 PM
Great idea for a blog. Keep it up!! :-)
mak
Find All Debt Consolidation Here.
online finance information.
Finance Dollar.
Posted by: Mayuresh | August 19, 2007 at 03:08 AM
Just as damaging to credit card late payments is the effect these failures to pay have on credit ratings. I'm glad I found just the credit card consolidation plan I needed! I was amazed at the good credit card consolidation information over at ArticleMonarch.com.
Posted by: Enjoying my credit card consolidation | December 10, 2007 at 12:18 AM
Great article. Love the use of graphs.
Posted by: Fred333 | February 12, 2008 at 03:38 PM
Dear Sir/Madam,
After visiting http://tickersense.typepad.com/, our company, would be interested in an advertisement on your site. We provide consumers a safe and easy way to apply for payday loans online. Our advertisement format is generally 15 words long and it will contain two to three text links, which we provide. Please let us know how much your site would charge for an ad of this size.
We look forward to your reply and the opportunity to work with you.
Thank you,
Jessica Moser
Posted by: Jessica Moser | October 09, 2008 at 05:14 AM