Home › Forums › Financial Markets/Economics › Stocks Dive 208 on Credit Problems
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August 14, 2007 at 5:27 PM #75389August 14, 2007 at 5:30 PM #75270rb_engineerParticipant
PerryChase,
No, I’m saying it used to be their favorite whipping boy. Now, its not and we hardly hear about it anymore. Now the media is milking subprime story which probably is not as significant as Iraq. Nevertheless its fun!
August 14, 2007 at 5:30 PM #75387rb_engineerParticipantPerryChase,
No, I’m saying it used to be their favorite whipping boy. Now, its not and we hardly hear about it anymore. Now the media is milking subprime story which probably is not as significant as Iraq. Nevertheless its fun!
August 14, 2007 at 5:30 PM #75391rb_engineerParticipantPerryChase,
No, I’m saying it used to be their favorite whipping boy. Now, its not and we hardly hear about it anymore. Now the media is milking subprime story which probably is not as significant as Iraq. Nevertheless its fun!
August 14, 2007 at 5:49 PM #75279AnonymousGuestlol – The Old Gray Lady. That went right over my head…
August 14, 2007 at 5:49 PM #75397AnonymousGuestlol – The Old Gray Lady. That went right over my head…
August 14, 2007 at 5:49 PM #75399AnonymousGuestlol – The Old Gray Lady. That went right over my head…
August 14, 2007 at 5:55 PM #75290bsrsharmaParticipantI think today marks the start of a Recession
When Wal-Mart customers start reducing their consumption, tough times have arrived. Since this is the mid-point of Q3, there may or may not be a shrinking of GDP for Q3. If so, the official declaration has to wait till April 1, 2008. (Two back to back quarters of -ve growth).
August 14, 2007 at 5:55 PM #75407bsrsharmaParticipantI think today marks the start of a Recession
When Wal-Mart customers start reducing their consumption, tough times have arrived. Since this is the mid-point of Q3, there may or may not be a shrinking of GDP for Q3. If so, the official declaration has to wait till April 1, 2008. (Two back to back quarters of -ve growth).
August 14, 2007 at 5:55 PM #75409bsrsharmaParticipantI think today marks the start of a Recession
When Wal-Mart customers start reducing their consumption, tough times have arrived. Since this is the mid-point of Q3, there may or may not be a shrinking of GDP for Q3. If so, the official declaration has to wait till April 1, 2008. (Two back to back quarters of -ve growth).
August 14, 2007 at 6:06 PM #75293rb_engineerParticipantbsrsharma,
Aren’t you being a little over the top? Recession is 2 quarters of negative gdp growth. We just had about 2.5-3% growth last quarter and prediction is about 2% this quarter.
I think hoping for a correction in housing is very reasonable thing. But your expectations have to be realistic.
August 14, 2007 at 6:06 PM #75410rb_engineerParticipantbsrsharma,
Aren’t you being a little over the top? Recession is 2 quarters of negative gdp growth. We just had about 2.5-3% growth last quarter and prediction is about 2% this quarter.
I think hoping for a correction in housing is very reasonable thing. But your expectations have to be realistic.
August 14, 2007 at 6:06 PM #75413rb_engineerParticipantbsrsharma,
Aren’t you being a little over the top? Recession is 2 quarters of negative gdp growth. We just had about 2.5-3% growth last quarter and prediction is about 2% this quarter.
I think hoping for a correction in housing is very reasonable thing. But your expectations have to be realistic.
August 14, 2007 at 6:13 PM #75301WileyParticipantrb,
Factor in inflation and your growth disappears.
August 14, 2007 at 6:13 PM #75417WileyParticipantrb,
Factor in inflation and your growth disappears.
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