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

To: The Reaper who wrote (169283)	12/5/2008 11:54:51 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

30 ....20...? whoops...

To: The Reaper who wrote (169283)	12/5/2008 12:16:18 PM
From: Smiling Bob	Read Replies (3) \| Respond to of 306849

Gawd, is oil ever going to catch a bid? Without the price of oil stabilized this market and economy are going nowhere. -- If these auto guys would shut up and go home already, the oil companies can begin their pleas.

To: The Reaper who wrote (169283)	12/6/2008 1:18:57 AM
From: Live2Sail	Respond to of 306849

You're right: WLI Suggests Deepening Recession Reuters December 05, 2008 (Reuters) - NEW YORK, Dec 5 (Reuters) - A measure of future U.S. economic growth and its annualized growth rate both ticked up in the latest week, but they still suggest the recession will intensify in the near future, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index rose in the week ending Nov. 28 to 109.9 from 106.9 in the previous week, revised from 106.8. The index's annualized growth rate was also less negative at minus 28.5 percent from last week's negative 29.2 percent. "Despite the first uptick in WLI growth since mid-September, it remains in a steep cyclical downtrend, suggesting that the recession will deepen further in the coming months," said Lakshman Achuthan, managing director at ECRI. Stronger stock prices and housing helped the weekly index edge higher but lower commodity prices partly offset the gain, Achuthan said.