Money Life With Chuck Jaffe Daily Podcast

Housing economist makes case for cutting a home out of the American Dream

Informações:

Synopsis

Brad Case, chief economist at Middleburg Communities, says that while Americans have been complaining about the housing market and available home stock, the market is not far off from historic norms. That said, he also discussed some recent research he did showing that Americans would be better off renting a home — and investing the savings they get on various aspects of ownership — than they are by tying up the biggest chunk of their monies in a home, which he considers to be an asset that puts up comparatively small gains over long periods of time. David Trainer, president of New Constructs, comes through with an attractive stock selection, picking Halliburton as a company that is likely to benefit from beating earnings soon. The pick follows up on the Danger Zone segment from last week, when Trainer singled out Caesars Entertainment as a stock likely to miss projected earnings and to be punished by the market as a result. Charles Rotblut, vice president for the American Association of Individual Investors,