Kash in 2004 and blowing bubbles
…Financial Times (subscription required): Five years after the bursting of the equity bubble, America has done it again. This time, it is the housing bubble. But this speculative excess may…
…Financial Times (subscription required): Five years after the bursting of the equity bubble, America has done it again. This time, it is the housing bubble. But this speculative excess may…
…recent innovation, but in fact it was the core technique that made possible the dangerous practices of the 1920. Banks would originate and repackage highly speculative loans, market them as…
…the result is predictable if the sales slowdown continues: more inventory, and probably price pressures with some speculative builders possibly in financial distress next year. Best Regards, CR Calculated Risk…
…Jerry Bowyer might look at the same facts and conclude that this is good news for employment: Not all jobs are created equal. Some are volatile and speculative, and some…
…directly, rather to cool the speculative fervor. Of course, by March/April 2000 when Kwan and Bartlett responded, it was already too late for the NASDAQ. Regulatory Substitutes for Housing Bubble…
……Among other indicators, the significant rise in purchases of homes for investment since 2001 seems to have charged some regional markets with speculative fervor. The apparent froth in housing markets…
…commute, with no freeway driving), and I’m not planning to change jobs or marital status. I’m selling for purely speculative reasons; I’m going short the Los Angeles housing market. That…
…about how the falloff in housing is impacting the economy, but I wouldn’t be completely surprised if the housing bubble is still expanding. Speculative bubbles go on longer than most…
…Equally puzzling is whether the declines guarantee a healthy economy — or suggest a speculative “credit bubble”. Samuelson mentions a few possible explanations: maybe it’s due to weak business investment…
…America has done it again. This time, it is the housing bubble. But this speculative excess may be the cruellest bubble of all – and has already led to a…