November 16, 2009
We’ve posted some of Meredith Whitney’s comments before. She’s been way in front of the banking problems, and called the liquidity problems that ended up plaguing Citibank and other financials.
She was on CNBC back in April and started to warm up to equities and financials again. She was right. Now she’s back on and warning of trouble ahead as wholesale acquisition of debt by the government starts to slow. We posted back in August on our sentiment on the threat the government stopping its agency debt purchases have to the market. So far they’ve extended the program, extended tax credits, but all of this will have to come to an end sooner or later, and when they do rates will rise.
Anyhow, here’s the video…
- CRE Shoe Next NOT To Drop?
- AvalonBay Resuming Apartment Construction
- Distressed Commercial Real Estate Report
- Roubini on the Carry Trade
- How You Keep the 8% Growth Going