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Realistbear

Yahoo U S Poll Shows Crash Sentiment

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http://finance.yahoo.com/

Q.Existing home sales fell in July to the lowest level in 2 1/2 years. What next?
1. Housing will weaken further
2. Housing will stabilize
3. Housing will improve
(You'll also see how other users have answered.)
29314 Votes to date (large sample building)

Bottom right of page. Click on link above

With 75% gone bear there is no doubt its going to happen.

Edited by Realistbear

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http://finance.yahoo.com/

Q.Existing home sales fell in July to the lowest level in 2 1/2 years. What next?
1. Housing will weaken further
2. Housing will stabilize
3. Housing will improve
(You'll also see how other users have answered.)
29314 Votes to date (large sample building)

Bottom right of page. Click on link above

With 75% gone bear there is no doubt its going to happen.

They dont buy Banana-skin Ben's "soft landing" prediction then?? :lol::lol:

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They dont buy Banana-skin Ben's "soft landing" prediction then?? :lol::lol:

I think the market is saying no:

http://biz.yahoo.com/ap/060824/wall_street.html?.v=13

AP

Wall Street Struggles on Economic Data

Thursday August 24, 12:23 pm ET
By Joe Bel Bruno, AP Business Writer
Wall Street Struggles in Midday Trading After Sluggish Economic Data
NEW YORK (AP) -- Wall Street declined for a fourth straight session Thursday after new data fed investors' belief that the economy is moderating faster than the Federal Reserve anticipated.
The market, already questioning whether the Fed's campaign of 17 straight interest rate hikes has hurt the economy, got further evidence of a slowdown Thursday from sluggish housing numbers and a disappointing durable goods report.

Its all spelling the "R" word. Recession. Once the US begins sneezing we catch a cold. We had better hope the US doesn't get the flu.

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The market, already questioning whether the Fed's campaign of 17 straight interest rate hikes has hurt the economy, got further evidence of a slowdown Thursday from sluggish housing numbers and a disappointing durable goods report.[/indent]

Its all spelling the "R" word. Recession. Once the US begins sneezing we catch a cold. We had better hope the US doesn't get the flu.

With no sign of inflation abating, looks like Ben may come to regret his "pause"

Should get very interesting in next couple of months. Ive been saying since the start of the year that this will all play out November time, ie we will find out which option the Fed and BoE will choose. Recession or Inflation.

In a true NuLabour fashion, it looks like the economic situation has been "triangulated" and we're in for a "third way" - Stagflation. The worst of both worlds

Well done Gordon!

Edited by jp1

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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