tag:blogger.com,1999:blog-6492542366661862113.post2406279250314669083..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: European Riots Hit FuturesJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6492542366661862113.post-49159649565690939992010-12-15T12:59:32.954-08:002010-12-15T12:59:32.954-08:00Cheeni
Not sure but 2010 is over so it was time t...Cheeni<br /><br />Not sure but 2010 is over so it was time to change the tag.<br /><br />I do not think this is over by a long shot. The market can rally trhanks to Ben's magic wand all it wants.<br /><br />The losses from the credit bubble still have not been taken and I expect them to be hidden by Ben's magic QE wand as long as they can.<br /><br />There will be no recovery without defaulting or paying off the losses from the last boom.<br /><br />Whenever that happens the market will drop significantly. By the looks of bonds today I expect it to happen sooner rather than later.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-65780975587327394812010-12-15T12:59:04.355-08:002010-12-15T12:59:04.355-08:00I have a nice little video on my blog at http://ha...I have a nice little video on my blog at http://hans-jschmid.com showing the greek riots today.Hans-J. Schmidhttp://hans-jschmid.comnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-88511004109672294652010-12-15T12:14:06.627-08:002010-12-15T12:14:06.627-08:00I see that after our talk you have removed your &q...I see that after our talk you have removed your "the bear will be back in 2010" tagline. Smart (albeit belated) move. Out of curiosity, is this your implicit admission that the bottom really was in March 2009?Cheeninoreply@blogger.com