2 rate hikes, not just 1, page-43

glennster, I just had a look at your posts. All DOOM as far as the eye can see..

this doozy just 6 months ago

"Hmmmm..................retail has gone backwards, and if it continues to slump will be followed by retail job losses, then mortgage defaults. Then other links in the retail chain such as factory's/suppliers/distributors slump. More job losses, more mortgage defaults.

One more thing, these were retail figures for Sep. Yep, before the interest rate rises. Food for thought.

The rubber band has been over stretched and is near breaking point."




reality/ hard truth/ brutal facts..

unemployment down, prices up 12%, no recession

and foreclosure rates at .6 of 1%!