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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (425)4/14/2014 3:47:14 PM
From: John Vosilla  Read Replies (2) | Respond to of 1504
 
And a direct consequence of the Fed’s policies that engineered an environment where Wall Street can borrow unlimited amounts for nearly free, buy all manner of assets, drive up prices, take huge risks that it then shuffles off at peak valuations to other entities, hopefully to the unsuspecting public via over-priced IPOs, toxic synthetic structured securities of the kind that blew up the banks during the financial crisis, and other shenanigans that end up getting stuffed into conservative-sounding funds that people buy for their retirement.

It starts here: evictions in San Francisco hit the highest level since 2001, when the dotcom bubble was disintegrating. Everything these days gets benchmarked against the last bubbles: the dotcom bubble that blew up in 2000, the housing bubble that blew up in 2007


Is amazing the top tier is now far above the top last peak while the bottom tier is still far below the last peak in SF. Obviously Yellin does not care if there is irrational exuberance at the high end with RE or exotic cars
zillow.com

What it a possible trigger to tighten besides more solid job growth? Maybe oil prices go sky high this summer? Or does lackluster job growth continues, overinflated housing spreads across the land and the long end actually drops flattening the curve that way but saving high home prices from crashing again?