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  • My Ten Predictions for 2008 [View article]
    Great post and will be very accurate. May I draw your attention to:

    macromarkets.com/image...

    Keep in mind, ALL THE PAIN WE'VE SEEN SO FAR is from this 7% drop in home values. To reach historic norms (level 100 on this graph) they have a lot further to drop.

    New topic: If the markets verge on recession from a 7% drop in home values, what will happen in the coming 40-50% correction needed to return to historic valuations!

    Bear? More like a gang of super-bears who've just tasted blood after a long hibernation.
    Jan 29 04:55 am |Rating: 0 0 |Link to Comment
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