“If house prices are going to fall another 5% to 10%, another eight million households are going to be in negative equity. We are going to have another nasty crisis. That’s going to happen unless we do something about it. Forget about subprime, look at prime.”
in a Cape Town Conference
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), iShares Russell 2000 Index (ETF) (NYSE:IWM)
Related stocks: Bank of America Corporation (BAC), Citigroup Inc. (C), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC) , Morgan Stanley (MS), SunTrust Banks, Inc. (STI), Financial Select Sector SPDR (ETF) (XLF), Direxion Daily Finan. Bear 3X Shs(ETF) (FAZ), Direxion Daily Finan. Bull 3X Shs(ETF) (FAS), Fifth Third Bancorp (FITB), Huntington Bancshares Incorporated (HBAN)
