Here is the odds:

New home starts 30% down: History says 9/10 chance of recession.

Home price down for consequtively 1.5 years: History says 9/10 chance of recession.

All of above are not even considering the credit crunch that's spreading across wall street.

The only hope is that 1 chance out of 10, very high? You make your own decision.

所有跟帖： 

• one more: curve inversion, 10 recessions followed by -抛玉引砖- ♂ (22 bytes) () 09/04/2007 postreply 10:01:11

• Right, I missed the curve inversion -miat42- ♂ (0 bytes) () 09/04/2007 postreply 10:03:18

• I mean "followed" -抛玉引砖- ♂ (0 bytes) () 09/04/2007 postreply 10:09:44