Tuesday, June 2, 2009

Watch the Market Today

Pre-Market Prediction:  Today will be a  day to watch the DOW and NASDAQ.

PBG may go higher with the announcement of the of the earnings rise.  

Also, the home sales numbers are going to produce some insight into the current state of the Real Estate market.  

Listen to the Treasury Secretary on the economy and adjust your thoughts accordingly.

I predict most will start saying that we are at or near the bottom. But the Commercial Real Estate market still has 18 months to go before we see our true bottom.  The distressed properties have yet to hit each market.  This will be the true predictor of the state of the Real Estate Market globally.

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