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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (6115)5/12/2004 11:19:56 AM
From: Earlie  Respond to of 116555
 
Elroy:

Completely agree with your synopsis.

I note that the ratio between new housing starts and new home sales appears to opening up. Also, mortgage applications are starting to show signs of fatigue.

The implications for the economy of a residential real estate implosion are dire to say the least.

Best, Earlie