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To: Shack who wrote (46553)7/21/2002 4:48:15 PM
From: NOW  Respond to of 209892
 
good point. if we can trust those #'s that is...
And that is something i don't take for granted anymore.



To: Shack who wrote (46553)7/21/2002 4:53:16 PM
From: yard_man  Read Replies (1) | Respond to of 209892
 
could homebuilders be an early indicator here??

conventional wisdom is that home prices will fall slowly or that the housing market will slow gradually.

Why should we think that the market for homes will drop off gradually??

C&I lending is slipping -- it didn't take an interest rate increase to do that.


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