I’ve been pondering the sustainability of real estate agent commissions ever since travel agents became obsolete, and stock trading fees skyrocketed. In an era where consumers have access to websites like Redfin and Zillow, as well as the influence of home magazines and cable shows dedicated to house flipping, the clock is ticking for traditional agents.
The National Association of Realtors is fighting an uphill battle against these disruptive forces. With individuals now able to purchase lockboxes from their local hardware store, even the final nail in the coffin has arrived. As evidence of the shifting market, our rock band’s drummer has just obtained his real estate broker’s license. It’s undoubtedly a telling sign.
– Gary Gand, Riverwoods, Ill.
Examining Boeing’s Troubles
– Stan Connell, Charlotte, N.C.
Soft and Hard Landings
Economic Numbers and the Business Cycle
We’ve seen instances of soft landings turning into economic crises before. In 2000, there was a soft landing until 2001 when the market experienced a significant decline. Similarly, in 2007, we experienced another soft landing until 2008 when the financial crisis hit. Considering this historical pattern, I am taking precautions to protect my portfolio in case history repeats itself.
Trump and the Market
In response to “If Trump Wins, the Market Could Skyrocket. Be Ready for Anything” by The Striking Price, I would like to offer a different perspective. The market has already experienced a remarkable surge, starting from October 2022. However, this surge is not solely attributed to former President Donald Trump. There are other factors at play.
Firstly, the resilient U.S. economy has contributed to market growth. Additionally, declining inflation rates and interest rates have created a favorable environment for investors. Lastly, the advancements in artificial intelligence as part of the tech revolution have also played a significant role.
Should the market experience a decline upon a Trump loss (which is unlikely, given that it hasn’t rallied specifically due to hopes for a Trump win), it would present an excellent buying opportunity.
Mark G. Visnic
North Hampton, N.H.