Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $11,308
13%  
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Keyword: maimicondomarket

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  • Are U.S. Treasuries like the Miami Condo Market in 2005

    04/05/2012 8:26:55 AM PDT · by jwsea55 · 5 replies
    CNBC ^ | April 5, 2012 | CNBC Squak Box
    David Zervos, head of Global Fixed Income from Jefferies Securities, compares how goverment intervention in the Treasury market is somewhat similar to the government's endorsement and Wall Street's packaging of the junk Maimi ocndo market as high quality loans. When is the Fed's actions of buying long U.S. Treasuries going to catch up with what is really happening in the financial markets, government spending and the real economy.