Crisis in the making. This is what happens at the end of a bubble ... the housing bubble.
Lenders report problems lending. Crises are great for the financial markets. Why? The Fed prints money aggressively to cushion and protect the banking system. And this is good news for the stock market.
It has happened consistently in the past. It will happen again.
I love crises.
More on http://www.peterdag.com/.
George Dagnino
aka Peter Dag
Editor, The Peter Dag Portfolio
Since 1977
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