Comments on: Morning stuff http://www.ritholtz.com/blog/2009/08/morning-stuff-2/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:30:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: cvienne http://www.ritholtz.com/blog/2009/08/morning-stuff-2/comment-page-1/#comment-206133 cvienne Wed, 19 Aug 2009 13:13:23 +0000 http://www.ritholtz.com/blog/2009/08/morning-stuff-2/#comment-206133 "only 26% thinks its getting better with the balance being ‘the same.’" Ask yourself how many people buy things ON CREDIT if they don't perceive things getting better in the future... Well, a lot of Americans might (I mean, who the hell cares here), but Chinese? "The MBA said refi’s rose 6.9% and purchases rose 3.9%, an 8 week high." That engineered move away from equities to get the 10yy is occurring right before your eyes! (at least Round 2 is)...I wonder how many rounds this fight is going to go... “only 26% thinks its getting better with the balance being ‘the same.’”

Ask yourself how many people buy things ON CREDIT if they don’t perceive things getting better in the future… Well, a lot of Americans might (I mean, who the hell cares here), but Chinese?

“The MBA said refi’s rose 6.9% and purchases rose 3.9%, an 8 week high.”

That engineered move away from equities to get the 10yy is occurring right before your eyes! (at least Round 2 is)…I wonder how many rounds this fight is going to go…

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