ajtj99's Market Pulse

[choad]

Destruction, at least, in the ST/IT IMHO.......there's not enough people on the planet that can make all the right moves to sop up the wealth destruction. It's simply mark to market in a macro view much like the banks are experiencing. Most asset values have cratered due to lack of buyers......houses,stocks,bonds (not treasuries), real estate etc. and if these assets need to be liquidated at this time then wealth destruction will be the result. If this isn't the case then this banking crisis over mark to market is simply smoke and mirrors......is it? BWDIK