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


To: mishedlo who wrote (43809)1/4/2006 12:22:46 AM
From: loantech  Read Replies (2) | Respond to of 116555
 
I agree mish but for different reasons. The pace of home $$$ extraction may be slowing down, I see very high debt to income ratios this past year, and the quality of borrowers seems to be slipping. Some say the affordability index is still good but I don't see it in the loans I work on. I see trouble brewing.



To: mishedlo who wrote (43809)1/4/2006 9:49:22 AM
From: Bid Buster  Respond to of 116555
 
An inversion that lasts 30 days or more signals a recession