lepso

Wall Street Breakfast: Must-Know News

Where did all that asset go?
Did derivatives do that much damage?

Sentiment Overview: Stuck in Neutral

I have a gut feeling of similar proportion as outlined in the article. Life goes on but people are spending little extra. The economy is doing just so, not going forward or going backward. We have a small store and some items are needed and others are not, only the needed goods sell and very little of the better items sell.

CreditSights: Guardedly Optimistic About U.S. Loan Market

The housing industries is suffering from negative press and bank's high interest rates. Further, the banks are playing games with selling a dwelling short but not honoring the asking price; they postpone closing and letting the contract run out and the potential buyer, who had placed a bit in at asking price is forced to go look other places. I have seen it happening.