"Despite improvements in the overall economy, housing continues to drift lower and weaker," said David Blitzer, spokesman for S&P.And things may get a lot worse, said Robert Shiller, a Yale economist and half of the Case-Shiller team, in a web conference after the report's release."There's a substantial risk of home prices falling another 15%, 20% or 25% more," he said. Don't think I want to hold WFC, BOA, C, JPM, etc. Talk about major losses coming.
whoa....and you're donw 99% on faz. whoa
What do you have access to my account? Think you have it all figured out huh?I don't own FAZ but I think I may just pick some up today to pi$$ you off.
Nothing has been good for banks, little difference it has made though huh?
Who ever buys bank stock deserves to lose it all. Its like they cannot do math so they don't deserve any money.