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Intangible Wealth

A random walk through the markets and the economy

Thursday, September 20, 2007

I forgot to mention that.....

If the 23% fall in house prices in the 10 largest metro areas that housing futures are indicating comes to pass, that spells recession.

Posted by Andrés at 12:13 PM  

Labels: economy, real estate

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      • The euro kicks sand in the dollar's face
      • I forgot to mention that.....
      • Wondering how low house prices will fall?
      • Robert Lucas doesn't get it
      • Cutting rates on 'potential' economic slump? The h...
      • Ben's Soothing Tonic
      • The logic of bank runs
      • Could it happen elsewhere?
      • Anarchy in the U.K.!
      • Oil at $80 is no surprise
      • I don't believe
      • Bubble dilema for central banks
      • Subprime mess good for stocks?
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Andrés
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