Chris Lau

Economic Fault Lines Emerge

As a solution, does coming to terms with their (the U.S.) source including spliting insovent companies between "good" assets and "bad"? Examples: financial banks who are insolvent, GM. This might be the only way to use the capital market system to assign a value to assets that are otherwise unmarketable.

The Perfect Storm: Even with Bailout, Economy Is Hurting

This is a good counterargument to the market assumption that the latest gov't bailout will magically make jobless claims decline, housing prices increase, and consumers to start spending again.

Buy the Rumors, Sell the Facts

The market simply needs time...maybe months, maybe years...to sort out the liquidity markets. The govt is catching a falling knife though, the knife being the housing market.

Are We There Yet? Not Even Close.

Which came first: the chicken or the egg? Real estate prices must stabilize on 60 days as well, otherwise financial companies will continue to suffer losses.