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

To: CalculatedRisk who wrote (31355)	5/16/2005 10:06:47 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Agree they are far to late now. I guess they are in a corner now with a flattening yield curve and a slow economy in most areas except the bubble housing markets they are trying to tame. I don't know if you caught CNBC power lunch from Miami today but it was a showcasing of a local housing bubble on steroids to the fullest with some pretty arrogant industry pimps. Tomorrow CNBC in Phoenix should be the same thing except desert in the backdrop instead of the ocean. I wonder what they talk about Thursday in Dallas where there is no housing bubble <g>