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peterb
ParticipantWe had a global rate cut this week. The DOW is at 8500 from 14,000. Credit markets are locking up. Lay-offs are being announced and I’m hearing more about “silent rifs” in big companies…more expense restrictions as well.
The market almost always leads the economy. We’ve been in a recession since January. All the BLS stats are govt lies. This crash has legs and they are growing longer every day.It’s a global melt-down. The panic we’re seeing from all govt’s is about keeping this thing from a free fall. Not stopping it. Going long now is a real gamble. And I’ve dealt with Brazil, be very careful of anything they say!!ParticipantWe had a global rate cut this week. The DOW is at 8500 from 14,000. Credit markets are locking up. Lay-offs are being announced and I’m hearing more about “silent rifs” in big companies…more expense restrictions as well.
The market almost always leads the economy. We’ve been in a recession since January. All the BLS stats are govt lies. This crash has legs and they are growing longer every day.It’s a global melt-down. The panic we’re seeing from all govt’s is about keeping this thing from a free fall. Not stopping it. Going long now is a real gamble. And I’ve dealt with Brazil, be very careful of anything they say!!ParticipantWe had a global rate cut this week. The DOW is at 8500 from 14,000. Credit markets are locking up. Lay-offs are being announced and I’m hearing more about “silent rifs” in big companies…more expense restrictions as well.
The market almost always leads the economy. We’ve been in a recession since January. All the BLS stats are govt lies. This crash has legs and they are growing longer every day.It’s a global melt-down. The panic we’re seeing from all govt’s is about keeping this thing from a free fall. Not stopping it. Going long now is a real gamble. And I’ve dealt with Brazil, be very careful of anything they say!!October 10, 2008 at 12:48 PM in reply to: When do home sellers wakeup and drop their prices? #285229ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM in reply to: When do home sellers wakeup and drop their prices? #285520ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM in reply to: When do home sellers wakeup and drop their prices? #285541ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM in reply to: When do home sellers wakeup and drop their prices? #285563ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM in reply to: When do home sellers wakeup and drop their prices? #285572ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
ParticipantCould be a short term bottom. Anyone who doesnt think we’re not heading for a depression, isnt listening to what’s out in the real economy.
I’ve never heard so many people either worried about keeping their job or they havnt been able to find one in the last 6 months. These are attorneys, software guys and other professionals. Well connected and with good track records.ParticipantCould be a short term bottom. Anyone who doesnt think we’re not heading for a depression, isnt listening to what’s out in the real economy.
I’ve never heard so many people either worried about keeping their job or they havnt been able to find one in the last 6 months. These are attorneys, software guys and other professionals. Well connected and with good track records.ParticipantCould be a short term bottom. Anyone who doesnt think we’re not heading for a depression, isnt listening to what’s out in the real economy.
I’ve never heard so many people either worried about keeping their job or they havnt been able to find one in the last 6 months. These are attorneys, software guys and other professionals. Well connected and with good track records.ParticipantCould be a short term bottom. Anyone who doesnt think we’re not heading for a depression, isnt listening to what’s out in the real economy.
I’ve never heard so many people either worried about keeping their job or they havnt been able to find one in the last 6 months. These are attorneys, software guys and other professionals. Well connected and with good track records.ParticipantCould be a short term bottom. Anyone who doesnt think we’re not heading for a depression, isnt listening to what’s out in the real economy.
I’ve never heard so many people either worried about keeping their job or they havnt been able to find one in the last 6 months. These are attorneys, software guys and other professionals. Well connected and with good track records.ParticipantHedge funds make a bubble in anything they all get attracted to. But I hear they’re starting fall apart. So maybe we’ll get less bubble activity in 2009? Sure looks that way now. Ouch.
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