July 27, 2007
Dow down another 200 points today, housing crashing, mortgage market in disarray, debt market in meltdown mode. What's next?
LBO deals as screwed as Vegas condo owners.
America in a full-on pissed-off negative mood.
The US Dollar getting slaughtered.
Mortgage lenders and homebuilders in total melt-down mode.
Is Monday "Black Monday"?
Will we move from housing denial to housing fear to HOUSINGPANIC in rapid-fire succession?
Are you ready? Did you prepare?
Wall Street extended its steep decline Friday, propelling the Dow Jones industrials down more than 500 points over two days after investors gave in to mounting concerns that borrowing costs would climb for both companies and homeowners. It was the Dow's worst week in nearly five years.