Home builders: No recovery till '08  15/05/2007

Builders' confidence falls in latest survey, view of current market at lowest level since 1991.

Home builder confidence fell for the third straight month in May and executives in the battered sector now believe they'll have to wait until next year for even a sluggish recovery to begin, according to an industry survey released Tuesday.

The survey by the National Association of Home Builders saw the confidence index sink to 30 in May from 33 in April, matching the September reading that had been a 15-year low at that time.

The subindex measuring builders' view of current market conditions fell to the lowest level since February 1991, while their view of the market six months from now and their perception of buyer demand both dropped to match the 15-year lows hit in late 2006...

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GEAB N°65 - Contents

- Published on May 16, 2012 -

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts
Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts… (page 2)
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Which languages must your child learn to be useful to him in twenty years ? Anticipation of the principal intra-European and world common languages in a 2030 timframe
Beyond its cultural interest LEAP/E2020 has created this anticipation as a tool to aid decision-making, individual (parents for the education of their children) as much as collective (public education institutions, universities, states, international businesses). Individual and joint strategies as regards language teaching are long term processes needing fundamental choices to be made almost a generation in advance… (page 11)
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Strategic and operational recommendations
. Currencies-Gold: Stay on course
. Pensions: Preserving one’s capital
. Stock Exchanges: Last exit before chaos
. Banks: Maximum distrust
. Government bonds: The trap is closing (page 21)
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The GlobalEurometre - Results & Analysis
The majority of respondents believing that their country’s major banks could go bankrupt by the end of 2012 has risen to 66% this month (versus 61% last month)… (page 23)
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