Tuesday, Dec 11, 2007
Have you got gold?
The Telegraph: Morgan Stanley issues full US recession alert
"We think overall housing starts will run below one million units in each of the next two years -- a level not seen in the history of the modern data since 1959," he said.
Posted by sold 2 rent 1 @ 10:37 AM (262 views) Add Comment
1 Comment
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1. happyrenterz said...
You have to wonder about any forecasts like this made before a major interest rate decision though. Probably trying to nudge the Fed in the direction of cuts.