Financial sector, what if commercial real estate joins party?

Discussion in 'Stocks' started by Daal, Dec 4, 2007.

  1. Daal

    Daal

    I see the 'value' guys are pilling in high dividend financials, with low book value. they think they are making a value play based on 'discounted cashflow' but what they are really doing is a macro call on the Fed funds and whether that will save housing and prevent a recession plus whether commercial real estate porfolios will blow up or not, they will of course deny and say they stay away from predictions because they dont try to forecast the economy but thats what they are doing
     
  2. I guess they figure "What worked in 1990 will work now".