not likely. Based this week's data points, we have to

conclude that US economy has been transitioning from inflation to stagfaltion/hyper-inflation.

RE might not be a good investment anymore. However, it is hard to see RE goes down that much.

Generally speaking Jim is usually several years early, but right. This time, I, among a couple of other money managers, think he is wrong since Fed will keep flooding the market with printed money, "Helicopter Ben".

Eventually bigger economic problem would show up in China.

US should be able to muddle through, at least I hope.

所有跟帖: 

stagfaltion/hyper-inflation is worse -mnosense- 给 mnosense 发送悄悄话 (98 bytes) () 03/16/2007 postreply 14:25:28

The data point is spelling STAGFLATION as of today. -it888- 给 it888 发送悄悄话 (186 bytes) () 03/16/2007 postreply 16:56:26

The worst worst case is DEFLATION -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 03/16/2007 postreply 17:01:53

this is highly unlikely. According to the farther of Mortgage m -it888- 给 it888 发送悄悄话 (185 bytes) () 03/16/2007 postreply 17:07:16

请您先登陆,再发跟帖!