Is the glass half full?

StockJockey's avatar
by StockJockey
Tuesday, September 26, 2006 - 5:56 am

Now that the value of housing has dropped for the first time in years, is the Repo man just around the corner?  Do figures show that more people have taken out mortgages they can’t afford?  Is the country is about to be thrown into financial turmoil?  According to Seeking Alpha, there are signs that trouble may be around the corner: the decline in commodity prices, the pullback in manufacturing, and the aforementioned decline in the price of housing.  You can see where they’re going with this.

Recession Around the Corner [Seeking Alpha]

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