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


To: marginnayan who wrote (71356)11/19/2007 12:50:26 AM
From: mishedlo  Respond to of 116555
 
You are talking about sentiment. On that I have no disagreement.
It can get worse. But in regards to the Euro, it may or may not.

Mish



To: marginnayan who wrote (71356)11/19/2007 12:50:54 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
All of a sudden, it just fell off a cliff
globaleconomicanalysis.blogspot.com
On the surface things seem fine in Fairfield California. Beneath the surface, home sales and home prices are collapsing. This has now spilled over into auto sales. Commercial real estate is showing sings of stress as well. Union leaders are worried. This is not about Fairfield actually, similar conditions exist in hundreds of cities across the US.
Mish



To: marginnayan who wrote (71356)11/19/2007 6:19:02 AM
From: paul61  Respond to of 116555
 
Sorry M - did not see your reply - good thinking. Do you think the RMB will crash if it floats?? Hmmmm.. Paul



To: marginnayan who wrote (71356)11/19/2007 8:42:01 AM
From: marginnayan  Read Replies (1) | Respond to of 116555
 
Citigroup (C) was downgraded to sell from neutral at Goldman Sachs, with the broker seeing up to $15 billion in write-downs from collateralized debt obligations over the next two quarters.