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


To: Crimson Ghost who wrote (65070)4/10/2007 3:16:30 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
Housing being over-valued today makes a great argument for why it needs to decline in price.

But I don't think an over-valued real estate market makes a great argument for a decline in stock prices, except for that narrow sector of builders and lenders.

That's what the REIT vs S&P 500 chart shows.
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