Tag Archives: Waccabuc Homes for Sale

Economist’s View: Fed Worried about Bubbles, Not Inflation | Waccabuc Real Estate

Some credit markets are showing signs of overheating as investors take larger risks in response to the persistence of low interest rates… Fed Governor Jeremy Stein, highlighted a surge in junk bond issues, the popularity of certain kinds of real estate investment trusts and shifts in bank balance sheets as areas the central bank is watching closely…

Mr. Stein gave no indication that the Fed is contemplating any change in its aggressive efforts to hold down interest rates. Rather, he described the overheating as a trend that might require a response if it intensified over the next 18 months. But the speech nonetheless underscored that the Fed increasingly regards bubbles, rather than inflation, as the most likely negative consequence of its efforts to reduce unemployment by stimulating growth. …

Central bankers historically have been skeptical that asset bubbles can be identified or prevented from popping. Moreover, they tend to regard financial regulation as the appropriate means to prevent excessive speculation and not changes in monetary policy … But the crisis has forced central bankers to reconsider both the importance of financial stability and the role of monetary policy. …

And he closed on a cautionary note. “Decisions will inevitably have to be made in an environment of significant uncertainty,” he said. “Waiting for decisive proof of market overheating may amount to an implicit policy of inaction on this dimension.”

With fiscal policy moving in the wrong direction — deficit reduction rather than employment enhancing stimulus, e.g. infrastructure — if monetary policymakers begin getting skittish, then the unemployed will lose the one institution that seemed to actually care about their struggles. Not good.

 

 

S&P accused of misrepresenting risks of bundled mortgages | Waccabuc NY Real Estate

The federal government has filed a lawsuit against a prominent credit ratings agency, alleging the agency issued inflated ratings that misrepresented the true credit risks of mortgage-backed securities in the boom years leading up to the financial crisis and subsequently cost investors billions.

The U.S. Department of Justice alleges Standard and Poor’s Ratings Services and its parent company, McGraw-Hill Companies Inc., engaged in a scheme to defraud investors — many of them federally insured financial institutions — who purchased products known as residential mortgage-backed securities (RMBS) and collateral debt obligations (CDOs) under repeated assurances by S&P that its ratings of these products were objective, independent and uninfluenced by S&P’s relationships with the investment banks that issued the products, the DOJ said.

“Contrary to these representations, from 2004 to 2007, the government alleges, S&P was so concerned with the possibility of losing market share and profits that it limited, adjusted and delayed updates to the ratings criteria and analytical models it used to assess the credit risks posed by RMBS and CDO,” the DOJ said.

The complaint further alleges that between March and October 2007, S&P issued inflated ratings on hundreds of billions of dollars’ worth of CDOs, and nearly every CDO rated by S&P during that time period eventually failed.

Federal law authorizes the U.S. attorney general to seek civil penalties up to the amount of the losses suffered due to the alleged violations, which, to date, the government tallies at more than $5 billion between March and October 2007 alone.

YouTube Addresses Funky January Video View Counts | Waccabuc Realtor

Earlier this month, you might have noticed a crazy spike in views from mobile devices, and you may have noticed just in the past week a low view count compared to all your other social data (comments, likes, favorites).  Well, YouTube has just announced that they made a couple of mistakes in how they counted views this month, probably because in the ever-tinkering world of YouTube, they had some bugs they had to fix.  We talked earlier about how YouTube was trying to eliminate black hat practices from the view counts, and this is probably just part of that…or something else.

YouTube’s View Count Errors

One minor thing that YouTube is changing is the view count from videos that are not made public.  In the past, if you had a video you were trying out and sharing with only your friends, it would count all of those views.  Now, it won’t.  Views will go only to videos that are publicly available now.  So the non-public views will be eliminated from the channel total.

The error for mobile view counts occurred January 11-15 and it was a bug in the system.  And the error for low view counts from January 25-27 came from the legitimate view count verification that they claim is “a one-time error.”  So, everyone, go back to relaxing that YouTube will never mess this up again.  Wait, why are you not relaxing?

Let’s revisit this video from Some Grey Bloke on YouTube changes:

11 Sorry Excuses for Content That You Shouldn’t be Sharing | Waccabuc Realtor

Content marketing is the overindulged golden child of the online world. We love it, but it’s starting to smell.11 Sorry Excuses for Content You Shouldn't be Sharing

Our current influential marketers and business developers have dubbed content marketing as the rising star of marketing in 2012. If you search the term “content marketing” in the ‘skills and expertise’ section of LinkedIn, you will find that its relative influence has increased by 27% in the last year.

I, for one, was convinced. The problem was that individuals and companies from around the world, word (and image) vomited content in order to become the next beneficiary of this “marketing phenomenon.”

Some content can be so inspiring that we feel like the next Peter Parker.

“Stories are what bind humans together. Inspire trust by touching people emotionally. Educate and entertain. Become a thought leader through your insightful content of utility.”

But, not all content is good content. And in some cases, it is counter productive.

Do your readers a favor and stop devastating your marketing campaigns with crap content. Besides making the rest of us in your marketing community look like egotistical, self-promoting spammers, your professional masochism is offensive.

Here are 11 examples of content that you should not be creating or sharing.

#1. Provide a link with no text

This tells me two things about you: (1) you are uncreative and (2) you are lazy. Not only will I not click your link, I will judge you and your employer.

#2. Provide a link with spammy text

This has never worked. It still doesn’t work. Unless I spill coffee on my keyboard and accidentally fall on your link, it’s not going to work tomorrow.

#3. Self-promote

We do not live in a time when people want to hear you talk about yourself. Unless you are a celebrity, it’s time to get creative. A basic rule of thumb is that if your mom wants to put it on her refrigerator, it’s time to start fresh. We want utility, entertainment and authenticity – not a professional autobiography.

#4. Intoxicate your posts with keywords to boost you SEO

 We know what you are doing, Sherlock. Optimization is an important part of any content-oriented campaign. (Let’s not be naïve.) But posts where you repeatedly abuse me with an attempt to assert your thought leadership in a particular subject leave me with editorial bruises. I want to help you, but I’m also kind of mad at you. Get smart and find a way to talk about these topics without giving singular posts SEO-poisoning.

#5. Say something that has been said 1 million times

Content marketers tend to think they are the craftiest people on the planet. Truth? It doesn’t matter how well you write. Unless you find an original spin, with new research, data and a cheery outlook, you can go ahead and give the article printout to your mom and expect an audience of one.

#6. Write about something that bores your colleagues

Assume that the people exposed to your content have a certain familiarity with the subject. If your co-workers think there is junk in your trunk (not the good kind), then the readers you want will also think your final product is trash.

#7. Write something that bores you

If you don’t smile once after reading what you’ve written – or cringe at the thought of reading it again – chuck it. If it doesn’t make it through the first content filter (you), it needs to be re-organized and recreated.

#8. Ignore the importance of visuals, formatting and grammar

Looks matter. So does your intellect and precision. Make your content aesthetically superior, pay attention to format and detail, and seek to impress your old 8th grade English teacher. Don’t be the “would-be” hot guy who can’t put himself together and forgets to clean underneath his fingernails. Use what you’ve got and make that extra effort to appear as more.

#9. Make it about you

If you don’t understand by now that content should be purposeful for the reader, then it’s time to rethink your marketing career. Write to satisfy your ego – but be sure you are polishing up your resume as you do.

#10. Have a strong title, but crap content

If you are smart and witty enough to craft a “clickable” title, then you are fully capable of writing something of value. Nothing makes me whack harder at my keys than the marketing snake who reels me in with a title that is full of humor and utility and then leads me to content that is ego-infused, dry, lazy or a scam. You are a car salesman in my book, a car salesman.

#11. Care more about the kudos than the impact

If you don’t give a rat’s ass about the impact of your content on your professional community, then your community won’t give a rat’s ass about you. There are a lot of egos in the marketing biz. Leave your desire to receive praise for your after-hours work at the shrink.

You don’t have to go to Oz to put heart into your content.

Provide something of utility – professional, intellectual, emotional, spiritual – for your target audience. Take creative risks. Strive to produce content that is entertaining, hopeful, tutorial or inspiring. And make us feel something that moves us to action.

Guest Author: Erin Nelson, who happens to do a great job at exploreB2B

 

Want to Learn More About How to Create Compelling Content that Your Audience Wants to Read, View and Share?

My book – “Blogging the Smart Way – How to Create and Market a Killer Blog with Social Media” – will show you how.

It is now available to download. I show you how to create and build a blog that rocks and grow tribes, fans and followers on social networks such as Twitter and Facebook. It also includes dozens of tips to create contagious content that begs to be shared and tempts people to link to your website and blog.

I also reveal the tactics I used to grow my Twitter followers to over 130,000.

Download and read it now.

 

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Housing Prices Climb; Market ‘Clearly Recovering’ | Waccabuc NY Real Estate

“Housing is clearly recovering”, David Blitzer, chairman of the index committee at S&P Dow Jones Indexes, said in a statement.

“There’s a lot of momentum,” he added during an interview on CNBC’s “Squawk on the Street.” “It shows up in all the housing statistics, not just the prices. As far as I can see it’s going to continue well into the new year.”

Prices in the 20 cities rose 5.5 percent year over year.

It was the 10th month in a row that prices have increased, the longest string of gains since before the market started to turn down in 2006.

The housing market became a bright spot for the economy last year as prices rose and inventory tightened. The sector is expected to contribute to economic growth in 2013.