Ray’s Buzz – March 2019

No indications of recessions this year or next
● Houston & Texas economies much stronger than
national economy by many indicators
● Turn off TV and read books the rest of your life-TV and
especially cable news are nothing but propaganda designed
to upset you and sell advertising
● Above all don’t make business decisions based on what you
hear on TV
● Top one-third of home market experiencing slow sales,
while bottom third is booming
● Wages are averaging 3% growth
● There is high consumer confidence, and the current
expansion is in 116th month, the second longest in history
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