The housing markets, which are at the epicenter of our credit problems, show preliminary signs that the bottom in activity and price declines may be only six to nine months away, even though the magnitude of the recovery remains an ongoing issue. (This morning, Toll Brothers (TOL - Cramer's Take - Stockpickr) reported only 195 home contract cancellations. That's the lowest quarterly level in over two years.) The same may be true for the automobile industry.
Thursday, September 4, 2008
Kass: I'm Sprouting Bull Horns
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