Comment on As Economy Turns, Washington Looks BetterComments−johnohara17yWe're not done by a long shot. The next wave of mortgage resets -- option ARMs -- comes through late this year and next.http://www.businessweek.com/lifestyle/content/apr2009/bw2009...−sahaj17yinformation that is already known is always already taken into account by the futures/stock market.−joe_the_user17yIt is amazing to me that anyone still believes this after the last two years!But I suppose that a little irrational optimism is good thing in tough times...
Comments
We're not done by a long shot. The next wave of mortgage resets -- option ARMs -- comes through late this year and next.
http://www.businessweek.com/lifestyle/content/apr2009/bw2009...
information that is already known is always already taken into account by the futures/stock market.
It is amazing to me that anyone still believes this after the last two years!
But I suppose that a little irrational optimism is good thing in tough times...