I find it a bit interesting that the ’08 increase and the ’07 decrease are almost identical. Pretty good marketing line to say you’ll be ahead in a years time. Even the johnny come lately S&P economists are forecasting an 8% decline between ’06 & ’08.
At least David Lereah was smart…he got out before it got really ugly…we should take squares on how long until Mr Yun resigns…I’ll give him 1.5 years from today. Lereah was savvy enough in most cases to make prognostications that were devoid of facts…Yun is citing more facts to back up his ridiculous forecasts…this will come back to bite.
