Courtesy of Lee Adler of the Wall Street Examiner
The Wall Street Examiner’s Lee Adler tells the real reason for this rally, and expounds on why the banks can’t buy Treasuries. Aaron Krowne of ML-Implode.com and Lee discuss the latest attempt to boost the housing market, and zero in on the shadow inventory problem, which may be less of a problem to the housing market than it is to the financial system. Russ Winter is away today and will rejoin us on Wednesday. This is a free podcast, available to all. Just click here to listen or right click to download.
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