AgTalk Home
AgTalk Home
Search Forums | Classifieds (46) | Skins | Language
You are logged in as a guest. ( logon | register )

I know grains are going to fall...
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Art Swannack
Posted 9/16/2007 02:02 (#204408 - in reply to #204320)
Subject: Re: I know grains are going to fall...



Got to agree. All they have done is protected "liquidity" by keeping bank loan rates lower with extra cheap cash loans, which means they haven't addressed the underlying shortage of EARNINGS to pay the MORTGAGE with. The companies have been having good earnings, but oil is over $80/barrel now. These costs have to hurt bottom lines sometime soon. And the lower house values mean no more "equity loans" to spend on speed boats and jet skis.

FWIW
Art
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)