Things are not looking too good right now. `Risk Grows Daily' ``It may be some time before the banks work through their capital constraints and get back to lending and risk-seeking again.'' William O'Donnell, head of U.S. government-bond strategy in Connecticut at UBS Securities LLC, wrote in a note to clients today. ``The recession risk grows daily.'' Money-Market Rates Fail to Respond to Bank Measures (Update9)
There is an old saying when there is blood in the streets buy land. Within the next year I believe will hit the bottom in the housing as for a recession I think people are under estimating how strong our exports are growing due to a weak dollar.