Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

INTC manipulating inventory to make the quarter look better would surprise me at all

It appears that AMD doesn't have that luxury.

PS Drum beat and smoke signals I am observing tells me that speculative part of construction is coming to a head.

FRE and FNM going to have to tighten credit standards and raise rates to improve quality of debts on books. The level of fraud in real estate not totally evident until after cat is out of bag.
More then one person tells me it is the high end of the market of high loan to value segment is where people, via S corporations are going to walk away rent free leaving government backed entities holding the bag.