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  • Stocks in REITs Climb High Despite Broader Real Estate Worries [View article]
    Let's see how they will be able to continue growing earnings with tighter credit and a slowing economy.

    And I hate to break it to you Chris but the economy runs on credit. There is a lag effect on growth. It will be come more apparent over time and the historically low P/E ratio uber bulls point to will look lower since the cost of capital will be higher and the growth rate lower, if not negative.

    In the short term, cheer on the Paulson Plan and get giddy. We rallly and then will wake up with a hang over.

    Again.
    Sep 27 00:14 am |Rating: 0 0 |Link to Comment
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