Can Wall Street withstand weak housing?

Business Week Online ^ | September 19, 2006 | Peter Coy

[GodGunsGuts]

Can Wall Street withstand weak housing?

Some experts say real estate slump may spell trouble for equities

ANALYSIS

By Peter Coy BusinessWeek Online

Updated: 1:28 p.m. PT Sept 19, 2006

If your nest egg is made of 2-by-4s and you're watching the real estate slowdown with a mixture of fear and nausea, then this article is for you.

The question: If real estate tanks, will stocks follow? Or will the market ignore housing? Or maybe — just maybe — will a decline in housing trigger a rise in stocks? It's something you really ought to think about if you're trying to figure out where to put your money.

[RobRoy]

>>Why? Are those threads positive about the long term viability of capitalism vs. collectivism?
Why? Because I don’t believe the worst economy since Hoover is upon us?<<

No and no. It is because as you demonstrate with your questions above, a lack of understanding of core values and issues, but choose to pounce on sentences and respond to what you want the other person to have said, as opposed to what they actually posted.

I have no time for that.

bye.

[Mase]

You’ll get no more “relevant” posts from me though.

You posted something relevant? All I've seen from you is blather about us heading into another great depression. That means you don't know what a depression is nor do you have a clue as to what it was like leading up the the last great depression. Trying to have a "serious" discussion with someone like this is indeed a waste of time.

[GodGunsGuts]

Why bother with these debt-mongering wormtongues of financial destruction? Even just taking the time to rub it in elevates these low-lifes way beyond their station—GGG

---

PS That thread sure was a trip down memory lane! To think these guys are still busy spreading their misinformation in spite of all the has transpired—they truly have no shame! Which is why I won't give them the time of day anymore. Having said that, you going back and finding this thread makes me think we should start a collection of all their idiotic statements so they can be posted when needed as a public service warning to unsuspecting FReepers. Just a thought.

All the best—GGG

[Paul Ross]

Current boom is off the charts.

You forgot the /Sarcasm Off> notation!

[1rudeboy]

You know what, am 452? Just as a matter of principle, you cannot ascribe whatever it is that you are trying to ascribe after the fact. Prove it, or stfu. Don’t give us this dancing-on-the-grave-I-told-you-so stuff.

[Paul Ross]

Why bother with these debt-mongering wormtongues of financial destruction? Even just taking the time to rub it in elevates these low-lifes way beyond their station—GGG

Bump! You said a mouthful there!

[Toddsterpatriot]

Hey, it's Jabba the Ross.

[1rudeboy]

I've been sidetracked (recently) on a Ramos & Compean thread . . . has someone been pounding these idiots into the dust in my absence? I certainly hope so.

Man, what a state we find ourselves in . . . the government interfered in the market to the point where the government must interfere more in the market. And "conservatives" are leading the way.

[Toddsterpatriot]

I've been sidetracked (recently) on a Ramos & Compean thread . . . has someone been pounding these idiots into the dust in my absence?

Sorry, you have to be more specific.

[1rudeboy]

Think about this for a minute. Things go haywire, through no fault of our own, and yet people are pinging us to inform us that we are to blame. How pathetic is that?

[marshmallow]

I read right through this thread without realizing it was 2006!! Never even looked at the date!! It wasn't until post #201 that I realized what was going on. I was about to compose a rocket asking these guys what planet they were on when I realized the thread was 2 years old.............ROFLMAO!

You called it.........and kudos for taking all the patronizing comments with good grace......you "doom and gloomer"!

[am452]

You know what, am 452? Just as a matter of principle, you cannot ascribe whatever it is that you are trying to ascribe after the fact. Prove it, or stfu. Don’t give us this dancing-on-the-grave-I-told-you-so stuff.

I did try to prove it back then only to be called a protectionist doom and gloomer.

[1rudeboy]

So, in other words, because you made an unknown argument regarding an unknown subject, where people making unknown arguments rubbed it in your face, you can ping me to a thread an chortle that “you won.” Brilliant.

[Toddsterpatriot]

I did try to prove it back then only to be called a protectionist doom and gloomer.

What was your original screen name? Maybe you can brag about your original posts?

[Fan of Fiat]

[Mase]

I can’t stop laughing!!

[Mase]

I did try to prove it back then only to be called a protectionist doom and gloomer.

It was as true back then as it is now. Some things never change.

[spectre]

Very impressive big Bump to your "Liar's Loans" post ..

sw

[durasell]

There’s hoopla?

[bert]

.....LMAO. We knew these ass clown shills WERE full of crap back then....

Your Obamalike twisting of my post is out of context.

My post was correct. The housing market had some softness but has returned. To be sure there are some soft spots still but a large portion of the country has moved on.

The problem now is not the housing market, it is the financial market. Your desire for prescience is misdirected at the housing market.

My original points on the solution are now being borne out. I thought bankers at banks would take control and the work out specialists would take control. That was not done by the bankers because it became a legal rather than a banking problem. The RTC will perform the workouts. Some will be able to work out, others will not.

Bankers will solve the problem, then turn the residual foreclosures over to the lawyers.