Using Veritas to Construct the "Per…

29-04-2017 Hits:87118 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81058 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:80893 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85367 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81873 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:84058 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55108 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83305 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83051 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:82945 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89185 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:86919 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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The GSE bailout represents a huge TAX hike. Where do you think the money for this bailout is going to come from after 2 concurrent wars (still running), the other bailouts (ex. Coutrywide - the one few even noticed, tax rebates for political brown nosing to those who can't count, Bear Stearns near fully subsidized sale to JP Morgan, the homebuilders attempted 5 year retro tax rebate on propeties sold at a loss but not really sold, etc., etc.)?

Diss Obama all you want when he says he will raise taxes, but I must query: Where else is the money to come from? Wages, employment and corporate earnings growth are all down as well as risky asset values. Think very hard about this. What happens when you mix a huge tax hike with the ingredients I just mentioned? Doo Doo pie, my friends. The last 8 years has seen the biggest government that I have been aware of since I was old enough to spell the word spend, and it has left us in the worst condidtion.

The injection of capital into the mortgage market by the govt. is not a panacea, but a mere cosmetic stop gap that had to be done to prevent the inevitable run on US backed debt. It could have been avoided by not backing the GSE debt, implicitly or otherwise, in the first place. That would have also prevented them from growing too big for thier britches as well.

As for the government, ex. the US tax payer, actually getting a return on their bailout (I mean investment) when housing prices stabilize... Housing price stabilization will occur when demand comes in line with supply. That means when real incomes rise enough to purchase homes at the prevailing credit terms and rates - this is the deman side of the equation. Recently, rates have spiked (but recently dropped, albeit probably temporarily), employment and wages have dropped, and credit terms have tightened significantly - thus it is fair to say demand is down for the count.

Let's look at supply - inventory at historical highs and still growing on an absoulte basis as well as in comparison to gross sales. Construction is stil occuring in many cities. Shadow inventories are growing as people who want to sell temporarily take their houses off the market and REOs are spiking. Existing home inventory must compete with the fastest growing segment of the market, foreclosures, which are not included in conventional inventory calculations. To make things worse, many brand new and unlived in properties have made their way to the foreclosure block. A new home and existing used home will now have to compete with a large block of brand new, heavily discounted homes - this is the supply side of the equation.

If for any reason housing prices stabilize before S equals D, it will be at the behest and benefit of the corporations and entities that vend these products and services to the economy's detriment in theo recent past, and to the extreme detriment of Joe average who can't afford to buy the average home, currently.

This is an interesting quip from Bloomberg :

The government's takeover of Fannie Mae and Freddie Mac stops one of Washington's most powerful lobbying juggernauts in its tracks after the mortgage giants had spent tens of millions of dollars thwarting efforts to increase government oversight.

``There's no doubt that the legislation was delayed for many years because of the strength of their lobbying power,'' said James Lockhart, director of the Federal Housing Finance Agency, after issuing an order halting all of political and lobbying activities. The companies employ 20 in-house lobbyists and 48 outside firms, U.S. House records show.

``Effectively they report to me and government agencies can't have lobbyists,'' he added in an interview yesterday. ``So they notified all of their outside lobbyists that they are no longer allowed to do any lobbying.''

The government's decision to end the mortgage companies' political and lobbying activities is reminiscent of the 1998 agreement between state attorneys general and tobacco companies. As part of the deal, the industry shut down its trade group, the Tobacco Institute, which issued studies and fought efforts to restrict smoking...

The two companies' lobbying efforts have also been buttressed by millions in campaign cash, doled out in a bipartisan fashion.

Since 1989, Freddie Mac and Fannie Mae employees have given $19.5 million to federal candidates and committees, 53 percent to Republicans, according to the center. Combined, they would be the 25th largest giver during that period, according to the Center for Responsive Politics. About 57 percent of Freddie Mac's money went to Republicans, while about 52 percent of Fannie Mae's went to Democrats.