Fantastic chart in today’s New York Times Week in Review...

Fantastic chart in today’s New York Times Week in Review Section with data from Robert Shiller.  Shows clearly how Fed policy after the implosion of the dotcom bubble enabled the real estate bubble.  Now we are likely to overshoot the long term average on the downside.

Fantastic chart in today’s New York Times Week in Review Section with data from Robert Shiller.  Shows clearly how Fed policy after the implosion of the dotcom bubble enabled the real estate bubble.  Now we are likely to overshoot the long term average on the downside.

>300 subscribers

>300 subscribers