TIP: Click on subject to list as thread! ANSI
echo: barktopus
to: Phil Payne
from: Robert Comer
date: 2006-05-15 07:10:22
subject: Re: Nemesis approaches

From: "Robert Comer" 

> "The bond slide is exacting a toll on the US property market, where the
> price of new homes has fallen for five consecutive months. A half-year
> inventory of unsold houses now hangs over the market."
>
> That has got to hurt.

It would if true, I haven't seen that kind of data anywhere else yet. 
(I've been predicting such a thing for some time, but not because of the
bond prices)

--
Bob Comer


"Phil Payne"  wrote in
message news:44683fcd{at}w3.nls.net...
>I think Shrub will be roundly cursed by pretty mush everyone in the very
> near future.
>
> http://www.telegraph.co.uk/money/main.jhtml;jsessionid=OHHRTBUEOA4CFQFIQMGCFF
4AVCBQUIV0?xml=/money/2006/05/15/cnmarkets15.xml
>
> "Volkmar Hable, chairman of Samarium Technology, said the world was now on
> the brink of a dollar crisis."
>
> Nothing new there.  But this factoid was new to me:
>
> "The bond slide is exacting a toll on the US property market, where the
> price of new homes has fallen for five consecutive months. A half-year
> inventory of unsold houses now hangs over the market."
>
> That has got to hurt.
>
> --
>  Phil Payne
>  http://www.isham-research.co.uk
>  +44 7833 654 800
>
>

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