Economic Commentary

“Someday financial markets will decline...rising stock/bond markets will no longer be government policy. QE will end and money won’t be free. Corporate failure will be permitted. The economy will turn. Someday, somewhere, somehow, investors will lose money and once again come to favor capital preservation over speculation. Someday, interest rates will be higher, bond prices lower, and the prospective return from owning fixed-income instruments will again be commensurate with risk.” Seth Klarman

Tuesday, February 2, 2016

RE DOWNTURN (canary) has arrived! I've been warning for years. Still time to get out in West. Probably worse than 2008. Great analyst: Mark Hanson.

"...the downside risk to real estate prices all over the US has never been greater. Coast to coast – largely in the same regions as in 2006 – bubbles of extreme and unusual girth are leaking air just like Miami/Dade."

READ!!!

Economic Commentary

Tuesday, February 2, 2016

RE DOWNTURN (canary) has arrived! I've been warning for years. Still time to get out in West. Probably worse than 2008. Great analyst: Mark Hanson.

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