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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: orkrious who wrote (71350)2/3/2007 2:44:51 PM
From: jimmgRead Replies (2) of 306849
 
<<I gotta live.>>

I hear you. I'm not convinced we'll see any meaningful decline in nominal prices. At the first sign of weakness in the general economy, I expect Bernanke to start chopping fed funds by 50 to 75 basis points at a time and going "unconventional" as needed.

I think most markets (except long bonds) expect this as well. Everything has taken off to the upside the moment that his appointment was made.
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