Plummeting home sales ready to taker rates and the market lower
Leena Jacobs
Oct. 21, 2007

Home sales in the U.S. dropped to a seven-year low in September. Consumer part of the economy counts for 70% of the overall economic activities.

The catastrophic collapse of the housing market is now bearing on the consumers and for the first time they will provide a Christmas with lower sales volume and revenue, Seventy percent of the economy is dependent on consumer activities. The car sales are already plummeting. Even higher name brands are having difficulty as the economy falters.

According to some analysts, the real estate market has couple of decades to go on the downside. The stock market has topped long term and is ready to go on bear mode for at least thirty years. The yields can plummet to zero just like in Japan and stay there for decades.

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The US Dollar chart is showing signs of bullishness while every other fundamental is looking bearish like never before.
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Plummeting home sales ready to taker rates and the market lower
Leena Jacobs
Home sales in the U.S. dropped to a seven-year low in September. Consumer part of the economy counts for 70% of the overall economic activities.
READ MORE>>

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