| 6/3/10--Warehouse Line Issues Still Prevalent; Another Lender Exits Wholesale Business; BoA Suspends USDA Commitments & Updates Flood Insurance Guidance |
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| Friday, 04 June 2010 06:34 |
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I don't know where I am going to eat lunch today, much less predict where things like unemployment are going to be in a year. I love it when someone or some company predicts where interest rates or unemployment is going to be a year from now, or even five years from now. What were these folks saying five years ago about where the economy would be today? Is their livelihood based on talking a good game, or actually betting their own money on whether or not their prediction is correct? And if they're dead wrong, are they really good at explaining why they were wrong? Just something to keep in mind. |