Chris Lau - Seeking Alpha

Thursday, October 09, 2008

Hope (for the U.S. Housing Market)

Dan, on the newly designed FSX Trader (Fantasy Stock Exchange for Facebook) posted the following link. I recommend you read it. Incidentally, I am ranked 48th / 18,419 ("premium" level) and 785th / 203,232 ("basic" level). If you are on facebook, my portfolio is here.

The financial crisis is worse today than in 1990, and there are many problems ahead (like less consumer spending and business investment), but I believe progress is being made.

http://calculatedrisk.blogspot.com/2008/10/adjustment-process.html
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