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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (54504)8/9/2006 5:08:31 AM
From: Chispas  Read Replies (1) | Respond to of 116555
 
Pearlstein - "The Fed Pause That Refreshes? Hardly" :

Pay no attention to all the hullabaloo about the Fed pause. In the scheme of things, it won't matter much. The cake, as they say, is already baked....

washingtonpost.com



To: John Vosilla who wrote (54504)8/9/2006 8:50:32 AM
From: RealMuLan  Respond to of 116555
 
>>How many housing bubbles have we ever really had besides this one where values rose much faster than incomes or rents?<<

This current housing bubble is unprecedented (perhaps hard to match in future too<g>), just like the tech stock bubble in year 2000