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2009-02-25 Home Front Economy
Stocks fall on home sales data, bank worry & Bambi speech
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Posted by Steve White 2009-02-25 15:59|| E-Mail|| Front Page|| [332 views ]  Top

#1  To me a few % up or down in the stock market in a single day means very little, analogous to static on an AM radio station. See this video clip from 60 Minutes about the next wave of the mortgage disaster tsunami which will be going on for the next 2-3 years, the defaults in Alt-A and Option-ARM mortgages. Things will really get interesting when this wave hits.
Posted by Anguper Hupomosing9418 2009-02-25 19:42||   2009-02-25 19:42|| Front Page Top

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