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Posted 10/29/09 8:36 PM schlegsb Fairborn, OH | I'm guessing unemployment will remain down, organic demand down, car sales down, housing sales down, continuing initial claims numbers, continuing foreclosures and one bright side, less destruction of the dollar to artificially inflate the stock "market." |
Posted 10/30/09 1:29 PM redshirt Philadelphia, PA | The FED has been undermining the rocky ledge for a long time. The imbalances are now even worse than during the 2008 collapse. Foreclosures are worsening still. The reality is the whole process is many months behind and there are many months to go of high foreclosure rates.
http://www.realtytrac.com/foreclosure/foreclosure-rates.html Also, CIT is on the verge of bankruptcy. This could disrupt cyclical loan activity to small businesses across the nation. The full correction has yet to actually occur. |
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