I’m sure glad it’s different this time around and the markets have figured out how to perfectly assess, slice and dice, and otherwise manage risk. It’s a good thing there is no need for yet more government intervention in the "free-market" known as housing. What a relief. Frankly, I don’t know what to make of the Bush-Bernanke-Obama-Dodd-Clinton bail-outs-that-aren’t-really-bail-outs since house prices totally make sense, are completely justifiable and based on sound fundamentals, and are all-in-all priced to perfection.Read More...
[Source: The Money Blogs]
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