Friday, December 18, 2009
Moody's: Housing has bottomed
“U.S. Homebuilding Industry Shows Signs of Stability”
New home sales, affordability, housing starts, existing home sales and operating profits of homebuilders are all looking better.
Didn't Moody's get the Meredith Whitney memo? That home prices were going to fall another 25%?
How did that work? Oh that's right--I forgot--we were all going to be living in a cave by now!
I guess its not the Osama version!
And now, in technology, we have our own version of Meredith Whitney.
Jim Suva at Citigroup!!
Losers or Liars-----take your pick!!!!!!!!
Posted by Palmoni at 8:48 AM