MarvinMBA

How AIG Will Affect Homebuilders [Housing Tracker]

With mortgage and mortgage instruments under attack and the mark to market writedown of mortgage paper, what do you expect. This is no picnic and the mantra of everyone having a house for nothing is now know as a fraud. Construction will be practically non existant going forward as long as we have M1 flat and jobs disappearing. When will we turn around...when jobs return...when will that happen...perhaps in 5 years if we are lucky.

Great Shorting Opportunities Ahead in Home Builders, Banks

I wishfully think you are wrong but I have to agree with you. Todays market reality check verifies your conclusions and mine too. This is just a band aid for an underlying problem...higher and higher unemployment and higher and higher overall inflations and low low low housing prices. It might take a Depression to get over this. In fact all of the cards are lined up now for a long term Depression and second status of the US on the world scene. You can thank this administration for orchestrating the countries downfall.