Skip Navigation
StreetEasy

More 'good' news from Whitney

Started by HT1
about 16 years ago
Posts: 396
Member since: Mar 2009
Discussion about
http://money.cnn.com/video/fortune/2010/06/28/f_whitney_beware_housing_market.fortune/ Executive Summary 10% fall in housing prices in the next six months, which will hit bank earnings (Whitney has argued since at least early 2009 that banks have been goosing earning by underreserving for losses) Consumer Credit is tightening, which puts a crimp on small businesses (both via lower revenues and via restricted access to funds), the biggest engine of hiring, and on top of that, municipalities and states are cutting spending and shedding jobs
Response by Riversider
about 16 years ago
Posts: 13573
Member since: Apr 2009

Whitney is the babe!

Ignored comment. Unhide
Response by Socialist
about 16 years ago
Posts: 2261
Member since: Feb 2010

" crimp on small businesses, the biggest engine of hiring"

Sounds like a Republican talking point. Republicans love their small bsinesses, especially since the helped start many, like Lehman and AIG.

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Doorman Strike
    37 Comments
  2. New construction buildings with problems
    9 Comments
  3. Are mandatory floor prices legal?
    6 Comments
  4. Why private school?
    14 Comments
  5. Brooklyn Point
    3 Comments