For those who want a more visual interpretation of the job situation. Full link to the flowing data below. It really is striking..
Jan. 2007
Q1 2009:
The Geography of Jobs – TIP Strategies
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When you look at this and consider US home prices fell 19% in Q1 over last year, I still can not find a convincing argument for the “housing has bottomed” theme. People having confidence does not equate to having money in the bank to buy a home. Nor does it equate to banks not continuing to tighten credit standards….
When making investments, please keep these charts in mind…pictures really do tell a rather convincing story