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IDS World Markets Fri 19th October 07


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#316 hokahay

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Posted 19 October 2007 - 08:32 PM

The real estate market here in PBC is scary bad. In fact, the whole economy here is scary.

Went by the best Chinese restaurant in the area last Thursday nite at 7 PM. Used to have to line up to get in the place. Wasn't a single table occupied that night. Admittedly, September-October is the dead season around here, but still. Then last night, had dinner at our favorite pizza place. Again at 7 PM, the place was only 1/3 full.

Cripes, if people can't afford to go out for pizza on a Thursday night, that's bad. 

Home Despot has cut back some employees to one day a week.

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Same thing up here on the treasure coast Doc...Scary bad...You can cut it with a knife.

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Where is the treasure coast?

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Port St. Lousy.

It's the area just north of Palm Beach County, up past Vero. Then comes the Space Coast. Then the Daytona Bitches. Then the "First Coast" which is from Jville to St. Auggie or so.

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Don't forget Fierce Pierce!

I'm in Jensen Beach on the island. Saw Davy Jones from the Monkees up at archies a couple weeks ago. He hit on my favorite bartender.

#317 DrStool

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Posted 20 October 2007 - 09:36 AM

How many other stoolies are in the South Florida area? If you are not registered on the board, just email me and let me know where you are. Use this form. http://wallstreetexa....com/?page_id=6

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#318 itiswhatitis

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Posted 20 October 2007 - 10:20 AM

One of the issues in the credit market that isn't even being touched yet, other than by Noland and a few here who have hinted at it, is the concept that credit was the driving force behind US and global growth since 2001. Not only does the market still have to deal with the fallout from the credit implosion (using a baseball analogy, this week was the ceremonial first pitch; earlier this summer was the singing of the national anthem), but going forward the mechanism's for growth the US and world have become accustomed, aka credit markets, structured finance and development, will no be engines of growth. We are still in the very early stages.

#319 DrStool

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Posted 20 October 2007 - 10:26 AM

One of the issues in the credit market that isn't even being touched yet, other than by Noland and a few here who have hinted at it, is the concept that credit was the driving force behind US and global growth since 2001.  Not only does the market still have to deal with the fallout from the credit implosion (using a baseball analogy, this week was the ceremonial first pitch; earlier this summer was the singing of the national anthem), but going forward the mechanism's for growth the US and world have become accustomed, aka credit markets, structured finance and development, will no be engines of growth.  We are still in the very early stages.

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