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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (111100)3/17/2008 4:38:03 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
McCulley....dood's never seen an FOMC cut that he didn't like.

He's right that what the Fed's done was unprecedented (which makes me think we have much further to go).

If they gave every American a million bucks each it would 'put a bottom under real estate'...does that mean its the right thing to do?

Oh yeah, got gold?



To: MulhollandDrive who wrote (111100)3/17/2008 5:30:20 PM
From: Mike JohnstonRead Replies (1) | Respond to of 306849
 
Fixed income guy begging for more inflation.

This is truly madness of crowds.

PIMPCO is cooked either way. Either they will blow up or 50%-100% inflation will bury them alive, depending on whether the Helicopter will keep his promises or not.



To: MulhollandDrive who wrote (111100)3/18/2008 12:30:15 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'he said he only thing missing now is official fiscal policy to put a floor under real estate prices'

Too late for Florida. I wonder if more of these 'suits' have seen how far prices have really fallen in the ground zero markets. Yet every clown on the boob tube talks about 15-20% drops as if that is the armageddon. This has been unprecedented.. Too bad no one on this board is in the central valley of CA to give us an update there..