Miami Real Estate: How to Benefit from Depressed Housing and a Declining Dollar

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By Eric Fry
The US stock market has returned to its losing ways…in a big way. After losing 80 points during yesterday’s trading session, the Dow Jones Industrial Average has tumbled another 200 points today – setting the Blue Chip index on course for a seventh straight losing week.
The stock market was bouncing around in positive territory for most of the trading session yesterday, before cratering in the afternoon. According to the financial newswires, stocks sold off in response to an official admission from the Federal Reserve that, yes, the economy is not doing so hot.
“The economic recovery is continuing at a moderate pace,” the Fed’s statement declared, “though somewhat more slowly than the committee had expected.” While the sluggish economy is hardly new news, it was apparently news to investors that the Fed considered the sluggish economy to be news of any kind.
Hasn’t the sluggish economy been the continuous topic of the last dozen or so Federal Open Market Committee (FOMC) meetings? And hasn’t the FOMC declared on numerous occasions that it was devoting the full power and prestige of the Treasury’s printing presses to combating deflation and spurring the economy toward recovery? And hasn’t Ben Bernanke repeatedly bemoaned the fact that the economy refuses to recover as briskly or robustly as he had hoped?
So what’s the news?


About Pamela's Blog

Pamela Diaz-de-Leon With an accomplished background encompassing Diplomacy, Architecture, Business and Film, Pamela Diaz-de-Leon brings to the real estate industry the entrepreneurial expertise which stem from her interdisciplinary experience. Her world wide network of distinguished personalities carefully knitted of relationships formed in her five years as the Cultural Attaché for the Instituto Cervantes, serving the King of Spain, in Chicago, and her Hollywood connections acquired while working with a recognized film distributor, give her the global platform in which she has developed her business with great success. Knowledgeable, informed and organized she holds ethics and integrity as her highest values thus, providing her customers with an excellence of service that ensures their utmost satisfaction and their continued loyalty to her work. Office. 305.677.5055 Cell. 305.720.8439
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