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Financial markets have dramatically improved, but

Started by HT1
about 17 years ago
Posts: 396
Member since: Mar 2009
Discussion about
from an extremely low base. Rather than pricing in disaster, they anticipate tough times ahead. For example, the charts on the spread for AAA and BAA bonds show the credit market moving from unprecedented panic to a level of fear that is merely in keeping with the worst experiences since 1945. http://www.cfr.org/content/publications/attachments/2009OutlookFinal_Long.pdf
Response by sniper
about 17 years ago
Posts: 1069
Member since: Dec 2008

yeah, but Cramer say the housing bottom is in...then again, he did say to buy Bear Stearns a few weeks before they went belly up, right?

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Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

banking industry to cut hiring of college grads by 70%.

http://www.businessinsider.com/wall-street-to-college-students-buzz-off-2009-6

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Response by Rhino86
about 17 years ago
Posts: 4925
Member since: Sep 2006

This will probably not have much of an effect of the supply of incoming renters and future first time one-bed buyers who drive the purchase market from the bottom up.

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Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

law firms, including Cravath, delaying first years and hiring almost nobody for next year's summer programs won't make a difference either, this year or later.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Won't have much effect only because they're already not buying....

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Response by aboutready
almost 17 years ago
Posts: 16354
Member since: Oct 2007

Rental market has no bearing on re values?

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

I believe we're both just being facetious.

Of course this is huge to the rental and entry level buying market (which will resonate all the way up). Plus, remember all those lines about "ok, the high end is being affected, but the low end..."

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Response by aboutready
almost 17 years ago
Posts: 16354
Member since: Oct 2007

Sorry. Dense

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Response by w67thstreet
almost 17 years ago
Posts: 9003
Member since: Dec 2008

let the fecal matter fly... fly i say... fly into thee opponents eyes... cause the catz are prowling to scratch out piggy eyes tonite... HOWL! HOWL!

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

> Sorry. Dense

We've all been there. Sarcam tough to get in print.

But I figure if you want to kick my ass, you should know me better...

;-)

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Response by aboutready
almost 17 years ago
Posts: 16354
Member since: Oct 2007

it's much more fun to kick ass when there's a purpose. just hate misguided ass kicking. :-)

but what i truly love about w67th is there seems to be no purpose other than amusing of self. at all. got to admire that personal distance.

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