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


To: DebtBomb who wrote (168916)12/4/2008 8:08:35 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Well WalMart may have been up but we are getting some absolutely miserable news/numbers from large non-retail companies (AT&T, Merck, and Dupont) this morning. Another 14,500 people hitting the unemployment line. I wonder what that is going to do to foreclosure rates 4-5 months down the road, and 14500 is just today's announcements.

There are no jobs for those people, and more will be joining them very soon.