Certainly is a bubble. But given the scale of bailoutnomics and Fed easing this time around, the bubble could continue to grow for another year or so. Disastrous consequences.
Depends on which index you want to use. Case Schiller not quite yet exceeded that peak, but getting there. http://imgur.com/WhbEa9z
I'd like to see this denominated in gold.
Certainly is a bubble. But given the scale of bailoutnomics and Fed easing this time around, the bubble could continue to grow for another year or so. Disastrous consequences.
ReplyDeleteDepends on which index you want to use. Case Schiller not quite yet exceeded that peak, but getting there. http://imgur.com/WhbEa9z
ReplyDeleteI'd like to see this denominated in gold.
ReplyDelete