Friday, February 26, 2010

Future Demand Borrowing, Revisited and Forecasted

This kind of closes my case on future demand borrowing, 2 months later.

Demand won't collapse for another couple of months, due to a) the homebuyer tax credit, and b) the Fed buying mortgage backed securities through March.

But once those two demand stimulants go away.... watch out.

Source: Calculated Risk

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Friday, February 26, 2010