Monday, November 3, 2008
The rebound is a bad sign for markets
The rebound is a bad sign for markets
"It's not just house builders and banks who are warning on profits – a much wider range of companies are feeling the squeeze. "
Posted by damien @ 12:10 PM (978 views)
6 thoughts on “The rebound is a bad sign for markets”
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mark says:
the banks will recover long before the real economy does
techieman says:
Hey Mark – are you talking your book? :-).
mark says:
if you look through history the banks normally recover long before the real people do, only because they hoard cash etc…
techieman says:
Thanks for the tip!
51ck-6-51x says:
“The end of the decline in home prices will come only when there are no new economic forces driving them down.”
This is not entirely true.
I say:
The end of the decline in home prices for a given area will come only when there exists as much interest in buying as in selling homes in that area.
Get real!
Whilst I agree that we are not at the bottom by quite a stretch, this article seems to be as biased as the spin we saw on the way up.
51ck-6-51x says:
^^ posted against incorrect article. Sorry.