The bears are scared...
Started by malthus
over 14 years ago
Posts: 1333
Member since: Feb 2009
Discussion about
that things might get even worse than they thought. “I expected the numbers to be bad, but it becomes a little nerve racking,” said Mark Zandi, the chief economist of Moody’s Analytics. “You begin to think ‘Maybe this will be worse than you thought’, and it becomes a self-reinforcing cycle.” US housing barometer points to danger http://www.ft.com/cms/s/0/2d70856e-5640-11e0-82aa-00144feab49a.html#axzz1HdLejBCB
i think you may have meant to say that the bulls are scared but this just might be bad enough to scare a couple of bears too.
Could you please cut-n-paste the article? I'm too lazy to sign up for FT. Thnx.