Gary,..you got a lot to learn...Housing affects almost every industry from appliances, to carpeting, to Heating and A/C, to roofing, to landscapping, to the salespeople , etc....etc ! When people aren't making money they are not buying cars, taking trips, they are just trying like crazy to wait it out ! Even gasoline sales are down, refining capacity isn't that important anymore, all the impulse buying stops,...Just take a look at Home Depot STOCK ! Or LOWES STOCK ! BK HOMES STOCK ! LENNAR STOCK ! The only independent companies who are not affected that much by slow home sales are to some extent,..companies like Boeing, but check out Caterpillar........ So run that by again,..that it's a "Housing Bubble",...Not a stock bubble ??? LC
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Gary,..you got a lot to learn...Housing affects almost every industry from appliances, to carpeting, to Heating and A/C, to roofing, to landscapping, to the salespeople , etc....etc ! When people aren't making money they are not buying cars, taking trips, they are just trying like crazy to wait it out ! Even gasoline sales are down, refining capacity isn't that important anymore, all the impulse buying stops,...Just take a look at Home Depot STOCK ! Or LOWES STOCK ! BK HOMES STOCK ! LENNAR STOCK !
Aug 17 13:34 pm
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All Comments by Carl leason »Why The Bull Market Should Return [View article]
The only independent companies who are not affected that much by slow home sales are to some extent,..companies like Boeing, but check out Caterpillar........
So run that by again,..that it's a "Housing Bubble",...Not a stock bubble ??? LC