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Loan Modification

: Mortgage Lender Implode-o-Meter

Doug Noland - "2010 vs. 2007"

By Implode-Explode Heavy Industries

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``With Treasury, Agency and MBS prices melting up (yields in melt down), key markets enjoy extraordinary, albeit destabilizing, liquidity abundance. Understandably, market participants dismiss talk of U.S. structural debt issues. Many will justify the move on fundamental grounds ? ?It?s deflation, stupid!? Ironically, collapsing yields, the sinking dollar, surging commodities, recovering global risk markets and the onslaught of global liquidity create a backdrop conducive to future inflation surprises. ''

Full post as published by Mortgage Lender Implode-o-Meter on August 07, 2010 (boomark / email).

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