Gold Regular Contributor
Andiamo53
Posts: 2,065
Registered: ‎07-12-2010
Re: Boomerang Buyers
[ Edited ]

987s wrote:

Andiamo53 wrote:

Yes, I imagine the WSJ would LOVE to write a spin piece about how the economy is improving. And they want to write this piece 2 days after the biggest Occupy Wall Street movements across the the whole world have occurred? Glenn says "It's a hopeful piece, about redemption and recovery". Yeah, right--it's Wall Street that's looking for redemption. I'd love to think the powers that be are getting a little nervous and this article is part of their marketing campaign. This IS Rupert Murdoch's rag, after all.

 

 


Seems a little cynical to me.  I imagine the piece would take a few weeks to get put into print, and I doubt it's a response to any of the Occupy Wall Street stuff.


 


Possibly cynical, but  have YOU heard of anyone who  in a position to buy now after having strategically defaulted? I just think that as the mouth piece for Wall Street, the WSJ would serve a  lot of interests if they could argue (convincingly) a rebound in the housing market  via so-called boomerang buyers. I don't see it happening though (the rebound--not the article).