Thursday, September 18, 2008

No sign of de-leveraging yet!

The Fed’s capital flow data (flow of funds) released today. Isn’t it ironic how the financial maelstrom occurs during the week where the FOMC meets, the quarterly capital flows report is released, and monthly new construction data is reported?

At any rate, let’s get an update to a de-leveraging post that I wrote yesterday.

No sign of de-leveraging yet…

But then the dismal investor will retort: we hit a peak in the second quarter of 2008, and the downward spiral is right at our doorstep!
Only time will tell which is correct, history or the dismal investor.

Please leave comments. Rebecca Wilder

1 comment:

  1. Are we going to laugh when we read about this in 10 years? Have fun with the family!


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