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


To: Giordano Bruno who wrote (265685)8/2/2010 2:11:40 AM
From: marcherRead Replies (1) | Respond to of 306849
 
goldman predicts collapse.
hmmm...is this the secret buy signal.
or is the prediction simply god's work?
-g-



To: Giordano Bruno who wrote (265685)8/2/2010 8:40:52 AM
From: DebtBombRead Replies (2) | Respond to of 306849
 
It smells like another gap n crap to me. We're so bankrupt the fed doesn't know what to do. QE2 won't do a thing for housing....we're going back to a 64% home ownership rate....or how about 62%....unless the martians show up and buy all of our houses.
What a clusterfuck....how else can you put it?
Homeownership rate continues to slide
usatoday.com



To: Giordano Bruno who wrote (265685)8/2/2010 10:07:01 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Well, ISM did go down from last month. ;-)



To: Giordano Bruno who wrote (265685)8/2/2010 10:32:49 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
ISM says manufacturing growth slows in July
Industry group ISM says manufacturing growth weakened in July to slowest pace this year

.
On Monday August 2, 2010, 10:16 am
NEW YORK (AP) -- An industry trade group says growth in the manufacturing sector weakened in July to the slowest pace this year.

The Institute for Supply Management says its manufacturing index slipped to 55.5 in July from 56.2 in June. A reading above 50 indicates growth.

Economists polled by Thomson Reuters had forecast a lower reading of 54.1.

A swell of production in factories has helped lead the economic recovery as exports increased and companies rebuilt their stocks, which had dwindled during the downturn.

ISM's index shows momentum has been slowing since spring as consumer demand lags investment from businesses.
finance.yahoo.com