This is a post that I originally wrote for the highly-recommended personal finance blog Get Rich Slowly. As such, the style of writing is more geared toward the audience of that site. However, I felt that the post would be of interest to the readers here as well, so I am re-posting it in its…
Tag: fundamentals
Robert Shiller: Fundamentals No, Psychology Yes
For those of you that are interested in more lengthy reading, a new paper by Robert Shiller (as in Case-Shiller) was released this weekend: Understanding Recent Trends in House Prices and Home Ownership (pdf). Here are a couple of money quotes: It does not appear possible to explain the boom in terms of fundamentals such…
Sub Prime fallout: Ok. Really. How many sub prime originations took place in the Puget Sound area?
I’m weary of hearing that the sub-prime market is or was a small portion of the pie in the Puget Sound Region. Certainly, there are many prime conventional loans that were made. But the idea that the originations of sub-prime loans being reduced or eliminated will have a less than meaningful impact is just not…
Center for Economic Policy Research paper: highlight’s fundamentals (largely ingnored) and the media’s role.
Hi Bubbleheads, doom ‘n gloomers and market enthusiasts …. Good Reading: Via Jessica Swesey at Inman News blog gives us a glimpse into the mechanics of the bubble. She cites a paper released last week by Dean Baker of the Center for Economic & Policy Research asks:(PDF document & very easy reading with excellent analysis)…
The Spin Cycle: Then vs. today
Greetings Bubbleheads. I am humbled to be in the good company of many excellent folks from all walks of life and professional backgrounds! My wife went off to a “purse party” (whatever that is, please don’t ask) last night. So, my two sons and I had a BBQ and listened to Dave Neihaus call the…