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Article: The Dallas Morning News Steve Brown column: Home loan crisis may chill D-FW market.
- Article from:
- The Dallas Morning News (Dallas, TX)
- Article date:
- September 7, 2007
CopyrightCOPYRIGHT 2007 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Steve Brown
Sep. 7--The big question in Washington and on Wall Street this week is, where is the economy headed?
And per usual, the answer depends on whom you ask.
One thing is clear -- whenever you hear political types saying that the economy is "fundamentally sound," it's probably a good idea to believe otherwise.
After all, the Titanic was fundamentally sound except for that bit in the front that got banged up on the ice.
The iceberg the U.S. economy has slammed into this summer is the subprime mortgage mess.
At first glance, North Texas seems in better shape to deal with the current home loan sector ...