The two sides of Wall Street are pulling apart

Discussion in 'Wall St. News' started by S2007S, Jul 13, 2007.

  1. I was talking more about a consumer credit crunch which quickly hits the top and bottom lines of stores. A consumer credit crunch will hit the market since consumer spending has been supporting this economy for a while. Take away their ability to spend and there will be a lot of pain for the markets.

    Not to mention that there may soon be a painful turn for more CDO holders as Alt-A loans begin to reset. We'll see.
     
    #11     Jul 16, 2007
  2. Interesting article.. TY!
     
    #12     Jul 16, 2007