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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: patron_anejo_por_favor who wrote (12102)3/16/2011 2:29:08 PM
From: James Hutton2 Recommendations  Read Replies (2) of 119360
 
This has been an interesting exercise in salesmanship. First, the earthquake "wasn't an issue" and the markets went on their merry way. Then a little realism. Then, it was "no unless a complete meltdown occurs, it's not a major issue," never mind the fact that it's looked like since day 1 that a meltdown was a real possibility. Wall Street sells optimism, and they've been pulling out all the stops in the last several days. Looks like they may have run out of bullets . . . until the "look at the rebuilding opportunity" (but that may be decades away near the reactors).
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