Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: russwinter who wrote (50600)	1/21/2006 11:30:18 AM
From: Ramsey Su	Read Replies (2) \| Respond to of 110194

So far this quarter, the companies that have reported told us this much: WM is struggling with flattened yield curve, similar to others. Credit cards took a hit with the Oct bk wave. Most believe it was a one time event and now life is back to "normal". Other forms of credit have definitely deteriorated with defaults rising. However, it is unclear whether that will translate into higher losses. Homebuilders' orders are definitely down. Some like WLS saw significant declines, others like DHI saw a much less robust growth rate as previous years. I am not sure what else we can learn from other releases this quarter aside from company specific issues. The next major event has to be the Jan 31 FOMC meeting. Aside from whatever manic manner the market may react, it should set the tone for interest rates. It is possible that confidence in real estate has not been shaken enough that stable or lower mortgage rates could get the bubble going again. Time will tell. Ramsey