Sunday, August 19, 2007

HOUSING PLUNGE WILL BE THE HIGHLIGHT TOMORROW...

THE HOUSING PLUNGE WILL BE BIGGER THAN EXPECTED...AND THE MARKET SHOULD TANK AFTER THE NUMBER IS RELEASED...

THE MANUFACTURING DATA IS PITIFULLY IRRELEVANT NOWADAYS...

AND THAT IS THE REAL UNNOTICED PROBLEM...ISN'T IT....?

THE US IS AN ECONOMY THAT SPECULATES IN ASSET VALUES...BUT DOES NOT ACTUALLY PRODUCE "THINGS' ANYMORE...