Hartzman Tax & Fiduciary: Retail and Food Services, Mortgage Rates and Consumer Confidence

7/20/13

Retail and Food Services, Mortgage Rates and Consumer Confidence

The world's economy has experienced artificially imposed injections of stability via stimulus projects and pretend money creation since 2008.

Artificially created stability creates larger bubbles of instability.

I believe the biggest global financial bubble in the history of modern man is peaking in mass.

http://www.zerohedge.com/news/2013-07-18/restaurant-spending-june-plunges-most-february-2008

The lower mortgage rates go, the more house can be purchased.

Rising rates = Less house possible with the same monthly payment, which will most likely mean lower prices going forward.

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