Dominoes

Follow the dominoes and the smoke and mirrors economy and stock market and credit market bubbles.

Existing home sales are down 7.2% according to the National Association of Realtors, who obviously are biased to hoping for the positive.

Housing recovery: KEEP DREAMING

Banking/Financial recovery: KEEP DREAMING

Consumer recovery: KEEP DREAMING

Economic recovery: KEEP DREAMING

Continued sustainable gains in stock and credit markets: DON'T EVEN DREAM ABOUT IT AND RUN FOR COVER!!!.