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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Smiling Bob who wrote (202375)5/15/2009 11:15:03 AM
From: TheStockFairyRead Replies (2) of 306849
 
logically you can't have 500k layoffs every month forever. so you are closer to the bottom of the layoffs than you are to the start, that's for sure. those people aren't spending and the people that aren't layed off aren't spending either. so at some point, things have to start looking better overall. from the looks of things, consumers have really really retrenched in their spending already.
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