Comments on: Bernanke Baffled by Libor http://www.trivisonno.com/bernanke-baffled-by-libor Bear Market Growls Until January 2010 Sun, 07 Sep 2008 16:05:56 +0000 http://wordpress.org/?v=2.6 By: admin http://www.trivisonno.com/bernanke-baffled-by-libor#comment-233 admin Sun, 04 May 2008 14:20:02 +0000 http://www.trivisonno.com/?p=69#comment-233 Hi Paul, The HGX has been chopped in half since its peak in 2005, so the stocks have taken plenty of punishment. Maybe there is more coming; maybe not. Jim Cramer says there have been no bankruptcies because the banks have refused to pull the plug so far. Perhaps the banks are too busy doing zillions of foreclosures on bad mortgage loans and just haven't gotten around to foreclosing on bad construction loans yet. That could be another very large shoe waiting to drop. Matt Hi Paul,

The HGX has been chopped in half since its peak in 2005, so the stocks have taken plenty of punishment. Maybe there is more coming; maybe not.

Jim Cramer says there have been no bankruptcies because the banks have refused to pull the plug so far. Perhaps the banks are too busy doing zillions of foreclosures on bad mortgage loans and just haven’t gotten around to foreclosing on bad construction loans yet. That could be another very large shoe waiting to drop.

Matt

]]> By: Paul http://www.trivisonno.com/bernanke-baffled-by-libor#comment-229 Paul Sun, 04 May 2008 06:48:02 +0000 http://www.trivisonno.com/?p=69#comment-229 Given the inventory overhang and median home prices way above an affordable level vis-a-vis median incomes, it's amazing that home-builder stocks haven't taken a second leg down. Or that many have yet to BK. Given the inventory overhang and median home prices way above an affordable level vis-a-vis median incomes, it’s amazing that home-builder stocks haven’t taken a second leg down. Or that many have yet to BK.

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