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


To: Rarebird who wrote (92341)3/17/2008 4:39:48 PM
From: $Mogul  Respond to of 110194
 
(UPDATE) (US) IMF'S SINGH: US OUTLOOK IS CLEARLY TOWARD THE DOWNSIDE; SIGNS THAT THE US HOUSING CRISIS STARTING TO SPREAD BEYOND SUBPRIME MORTGAGE MARKETS
- Probability of added shocks leading to US recession quite high.
- Subprime-related losses to be around $230B worldwide, half in the US and the rest mostly in Europe.