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John Lounsbury 74 posts 0 comments

John Lounsbury provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25 years in R&D management and corporate staff positions. John is also one of the ten most followed writers at Seeking Alpha and a Senior Contributor at TheStreet.com and Real Money. He is a founding partner and managing editor of Global Economic Intersection. Follow him on twitter @jlounsbury59.

Economy

December Outlook Slightly Brighter

John Lounsbury Dec 2, 2010

Global Economic Intersection announced Monday that its economic indicator (EEI) had slipped slightly into negative territory for the first time since February 2010. Some other economic indicators have shown improvement over their levels…

Economy

MBS Putbacks Uncertain but Other U.S. Bank Problems Also Loom

John Lounsbury Nov 23, 2010

Jonathan R. Laing reports in Barrons that the exposure of U.S. banks to liability for putbacks of defective MBS (mortgage backed securities) is greater than the $52 billion reported last week from the findings of the COP (Congressional…

Markets

Put-Back Losses on Mortgages Estimated at $52 Billion

John Lounsbury Nov 18, 2010

by John Lounsbury Buried 72 pages deep in the latest COP (Congressional Oversight Panel) Report is the following table: (Click on table for larger image.) The significance of this table is explained in the report: The…

Markets

Elizabeth Duke Testimony on Foreclosure Crisis

John Lounsbury Nov 18, 2010

Fed Governor Elizabeth Duke predicts at least two more years of foreclosures at current rates and gives specific details about exposures of the current crisis.

Markets

QE2 Is Failing?

John Lounsbury Nov 16, 2010

I know I have seen that QE2 is failing a number of times in the last 24 hours. In support of such statements I offer the following two graphs from the 5 Min. Forecast: Since QE2 hasn't really started yet, it might be more…

Markets

Fewer Foreclosures but Worries Increase

John Lounsbury Nov 11, 2010

Price declines have the strongest effect on foreclosure rates; unemployment is secondary. The foreclosure document mess is temporarily slowing foreclosures.

Markets

Not South Florida but Condo Problems in Raleigh, NC Too

John Lounsbury Nov 1, 2010

by John Lounsbury It may not be South Florida, but there are condo problems in Raleigh, NC too. Sunday 32 condo units were auctioned off at an average price of $210 per square foot in the West condo unit in a downtown entertainment…

Economy

The U.S. Banking Crisis Has a Long Way to Go

John Lounsbury Nov 1, 2010

The banking has not reached the halfway point, maybe not even the midpoint of the first quarter. The FDIC has recorded 307 bank failures. The total could reach 1,800 - 3,000.

Economy

Unemployment and Foreclosures

John Lounsbury Oct 30, 2010

There seem to be some weak and also some fairly good correlations between foreclosures and unemployment. However, there are likely be housing bubble factors as well.

Economy

Demographic Time Bombs – They May Not be What You Think

John Lounsbury Oct 22, 2010

Long term (over 20-30 years) demographics will favor the U.S. over Germany and China in international trade.