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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (37448)7/31/2005 11:26:53 PM
From: Crusader  Read Replies (1) of 110194
 
A peak of a building boom in North America perhaps but aren't raw material costs going to remain firm because of emerging market growth? If energy costs continue to go up that just makes all building costs more expensive too doesn't it? This on top of a weaker US dollar.

I could see it if the likes of China and other emerging countries come down together with the slowdown in the US consumer, bringing commodity costs and energy down too. In other words a worldwide recession which brings us back to the argument of $40 oil for a rest.
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