You are right Rich, my beloved Diana has always been a moderate through this whole thing, she seemed bearish at the peak, but always backed it up with facts and not twisted ones used for hype. I read that article when it first came out because it is the lead story on cnbc and was a bit shocked she didn’t qualify her statement about banks out west holding onto properties to manipulate prices. She did qualify her statement about the tsuinami. She gets more inside scoop than we do and parses it out as needed, usually she is right. While not the hottest of the cnbc sirens, she is the smartest, so she gets my goat than the others.
With the employment numbers getting better by the day and actually revising to the good, the stock market flirting with 11k and the rise in pendings as we enter the strong season, I can’t figure out why my girl has turned bearish. All I can say is that there may be something on the horizon that we have not been made aware of, there has to be a reason why her compass is pointing South when all the rest point North, because that is not how she usually rolls.
In case she reads this, the offer is still on the table: A weekend in a five star hotel, room service for every meal, a fistfull of viagra, remember to rest up and pack light, I’ll make you see god.
