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| 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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