This morning "Squawk on the Street" on CNBC had a segment with Stephen Kim, a homebuilder analyst at Alpine Woods Capital Investors. While there a many "lingering problems" with the broader economy, Kim believes we are nearing a "true bottom".
Here is the segment featuring Mark Haines and David Faber from CNBC.
Here is David Faber’s "Faber Report" on mortgage delinquencies referenced in the previous video clip.
Tuesday, July 7, 2009
Monday, July 6, 2009
Green Shoots, Red Ink, Black Hole
Today on MSNBC’s “Morning Meeting” Dylan Ratigan hosted Eliot Spitzer-former New York Governor & Attorney General, Robert Shiller-Yale Economist, and Bill Fleckenstein-President of Fleckenstein Capital as they examined the current employment crisis. This is a continuation on the previous posting and I thought it would round out the discussion pretty well.
Primarily the panel was in agreement that we have some severe structural problems that must be addressed and that we are experiencing a transformation in our capitalist system. More needs to be done at a governmental level to promote a strong and vibrant recovery and rebirth.
Take a look…
Primarily the panel was in agreement that we have some severe structural problems that must be addressed and that we are experiencing a transformation in our capitalist system. More needs to be done at a governmental level to promote a strong and vibrant recovery and rebirth.
Take a look…
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