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SPDR S&P Homebuilders ETF Message Board

  • coldwintergas coldwintergas Oct 4, 2007 4:13 PM Flag

    recession

    let bernanke collapse the dollar by cutting rates bigtime. that only helps short term bonds. long term yields still go up due to higher inflationary expectations and mortgage rates follow the long term yields - the 10 yr treasuries.

    Bernanke is scr**** the housing markets by cutting short term rates and the poor fools don't even know it - the poor mortgage-debtors think Beranke is helping them by cutting rates

    Recession has started (don't look at the stock market). They are keeping it propped up for Christmas shopping season. Otherwise heavy recession is setting upon us.

 
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