jimsep

As Home Sales Plunge, Some Say the Crisis Is Almost Over

Right now its not the level of home sales that matter. It is the number of permits and starts that mean everything. They need to almost vanish for a while to get the backlog of unsold homes down or at least stop it from going up. But the homebuilders, including the public ones ,continue to build, defying all logic.

Talk of a Real Estate Bottom Already Is a Waste of Breath

tcornelison is forgetting about Michigan, Ohio and Colorado for starters.

What does it matter, anyway if there is concentration? It is the magnitude of the problem that matters.

Bernanke Brushes Aside Inflation, Focuses on Growth

If the administration would do what you believe someone suggested, it would have two major impacts. It would guarantee a McCain victory. It would abort the recession and let the markets correct the housing situation without foolish legislation.

Meredith Whitney Threatens Severe Deflation For Your Portfolio

So many comments on CITI? Why do so many care about this awful company? The fact that the stock held at around $50 for a long time is immaterial. That was because every pundit recommended it (without a convincing reason), and every Wall Street analyst had it on their permanent Buy list. Everyone felt comfortable because of its size.
Evidence suggests that it is foolhardy to go against Whitney and for this board of directors. The next stop for this stock is $15 and soon!

Comparing Clinton and Bush on Income Taxes

I hope you are making this analysis available to the McCain Campaign.

And to President Bush. Why doesn't he talk about it more? Lou Dobbs
also needs to be confronted with this.