Another installment from The Cheating Lying Fucks of the Federal Reserve and the pump monkey bitches who fluff them.
Housing is rebounding (2005)
Economy is on the full employment path (2005)
Consumer spending supported by rising incomes will continue to grow
Housing drag on the economy will gradually diminsh
Automobile industry boosting production (Chrysler and GM both bailed out since)
The effects of the housing correction will soften and the inventory of unsold homes will be slowly worked down
and of course…
Suprime is contained (2007).
Benron needs a crystal ball that works.
Federal Reserve = Private Reserve.