What started last summer as, I think, a relatively small, contained problem of overly easy lending standards for “subprime” mortgages has turned into a bout of what I view as indiscriminate selling unjustified by the fundamentals. So far this year equity markets around the world have experienced sizable losses. The big drops overseas on Monday [...]
Filed under: Uncategorized | Tagged: Mortgage crisis, Northern Nevada Real Estate, sub prime mortgages | Leave a Comment »
