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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (30268)	4/28/2005 1:22:48 AM
From: NOW	Read Replies (1) \| Respond to of 306849

by "you see no reason" i take it you mean it is the proper thing to do, and not what they will do?

To: Elroy Jetson who wrote (30268)	4/28/2005 12:15:35 PM
From: Moominoid	Respond to of 306849

I see no reason why the Fed shouldn't continue to restrict credit growth until rates are back to up to a more neutral rate like 5.5%. Maybe they "should" do that. But that doesn't mean they will do that. I won't be surprised if they change their stance. I won't be surprised if house prices keep rising through next year alongside stocks too. We aren't near the peak levels that Japan saw yet :) I don't think a recession is imminent, nor deflation... What happens in 2007 is another question.