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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (59770)8/11/2006 3:58:10 PM
From: Lizzie TudorRead Replies (2) of 306849
 
wow! Now THATS what I needed to see, thanks.

I am certain the wage picture is worse than ever nationally and that is what your chart reflects. I work with a lot of college new hires. Its HORRIBLE out there.

Wages are what fueled our stock market in the last decade. Until this trend turns around, bear markets will endure. What I find amazing is how many pundits think "institutions" will save our stock markets from new lows. Institutions are primarily pension funds, 401Ks and the like.
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