Tuesday, December 11, 2007

Have you got gold?

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 (563 views)
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One thought on “Have you got gold?

  • 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.

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