US Recession Watch: Hold onto your Hats!

Thursday, March 27, 2008
by Geoff Riley

The latest Standard & Poor’s/Case-Schiller house price index shows the biggest year-on-year decline in real estate prices for 21 years. Hold onto your hats - US Treasury Secretary Henry Paulson has come out with some very bearish statements on where the US housing market will head before the worst is over. 

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Posted to A2 Macro - A2 Macro RSS •Recession Watch! - Recession Watch! RSS •US Economy - US Economy RSS
Tags: housing, confidence, property, henry paulson
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