Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Tuesday, June 29, 2010

Housing and Banks

...with the housing industry now left to its own natural supply/demand dynamic, the real test comes and while we look to the homebuilding stocks and other material suppliers and home retailers to gauge market reaction, don’t ignore US banks who have mostly assumed no double dip in housing and thus a hoped for stabilization is reflected in the pricing of mortgage related securities on their books.
---Peter Boockvar, via Barry Ritholtz, 6/29

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