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Bank of Canada: Recession is over

Started by citizen k, July 26, 2009, 10:54:07 PM

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MadImmortalMan

#30
July 28, 2009, 01:44:45 PM
Dunno. There's been a bit of an uptick in new home sales in the US, but I think it has more to do with the new home tax credit thingie than anything. And that's about to expire. Homebuilder stocks shot up there for a bit but now they're tanking again. There are rumblings of commercial real estate about to follow residential down the drain, but I don't know if that will happen or not. I've stayed mostly out of REITs in any case.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

BuddhaRhubarb

#31
July 28, 2009, 11:36:52 PM
*lights a cigar with a hundred dollar bill then adjusts monocle*

:excellent:
:p
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