Your analysis is spot on! All the sophisticated computer black boxes on Wall Street are now being dealt a blow. The market is efficient isn't it? It is now purging all of this bad stuff out. Its unfortunate that so many of us have to suffer. The reseting of ARMS with higher interest over the next two years should leave even more vacant houses in our neighborhoods. Thank you Wall Street for running many of our neighbors out of town and creating a giant mess.
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Your analysis is spot on! All the sophisticated computer black boxes on Wall Street are now being dealt a blow. The market is efficient isn't it? It is now purging all of this bad stuff out. Its unfortunate that so many of us have to suffer. The reseting of ARMS with higher interest over the next two years should leave even more vacant houses in our neighborhoods. Thank you Wall Street for running many of our neighbors out of town and creating a giant mess.
Feb 17 11:38 am
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All Comments by Pauly B »Market Bears Take a Breather [View article]