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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: zebra4o1 who wrote (48537)12/31/2005 2:51:56 PM
From: Crimson Ghost  Respond to of 110194
 
You have used the key word "stalled". A stall just slows things down somewhat. We need a sharp drop in housing activity and prices to trigger a signicant recession IMHO. And low bond yields greatly reduce the odds of such a drop.

If bond yields remain low (far from a sure thing) I suspect national home prices will be flat at worst in 2006 with just modest drops (5-10%) in some of the more egregious bubble markets.


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