Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: regli who wrote (34080)	7/23/2005 12:24:35 PM
From: mishedlo	Read Replies (1) of 116555

From HarryHope on the FOOL on UK US similarities Both countries have large trade deficits. Both have rapidly shrinking manufacturing. Both have had housing bubbles. The UK's appears to be on the way down and with it a significant drop in consumer spending. I haven't read anything that does not agree with a loss in consumer spending in the US when housing goes down. Yes I know some do not believe there's a bubble in the US. But housing has always been cyclical and it's been in a sustained boom in the US for a long time. It will turn down and the UK experience indicates so will consumer spending. Many people that a housing bubble will burst in the US. Up to now in the UK it seems like a long drawn out process although it may accelerate. The 2 countries are in a similar situation. It seems profitable to follow the UK as harbinger for the US and the many other countries experiencing long term housing booms. However, because the US has been such a global driving force, we may see a domino effect from a US housing/consumer drop.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next