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


To: Perspective who wrote (253529)6/11/2010 9:30:58 AM
From: DebtBombRespond to of 306849
 
It's a bigger bust than it looks IMO....you have to factor in inflation. If they sold half as much stuff at twice the price, retail sales would be flat. Again, like all of their numbers, they're adjusted and rigged IMO.
You have to remember how far the CRB has come. It's busting now.
Going forward....the numbers will fall off a cliff, IMO. Commodities have a bearish cross, and lumber, copper, aluminum, oil, everything is deflating. It will kill profits also, IMO.