September 10, on CNBC she said:
Home prices in the US could fall by another 25 percent because of high unemployment and another leg down will come for stocks, banking analyst Meredith Whitney told CNBC Thursday.
"No bank underwrote a loan with 10 percent unemployment on the horizon," Whitney said. "I think there is no doubt that home prices will go down dramatically from here, it's just a question of when."
Another David Rosenberg nuance from another uber-bear???
2 comments:
Come on, when's the Santa Rally gonna start?
and don't say post-Dec options expiration, that's too late!
I think we had the rally of our generation already... Though Santa claus rally would be nice :P
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