I was just reading that article SD R, and I am reminded of the prevailing comments since the acceptance of the downturn, comments from BB like:
“the Fed had not, as yet, seen many spillover effects from the housing slowdown.”
This of course followed months of statements claiming housing was at the bottom. It’s as if everything these guys say is okay, goes down the toilet the following quarter.
The slowdown is speeding up, and “spillover” is looking more like an avalanche. One should be able to get a good deal on a “pre-owned” H2 though.
