Davos: Robert Shiller On The Housing Market- Jan 2010
Robert Shiller, an economics professor at Yale School of Management, shares his outlook on the housing market.

Robert Shiller, an economics professor at Yale School of Management, shares his outlook on the housing market.

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Few old headlines that are very similar to recent headlines: It’s a funny old World: 1989-1991: Housing and savings and loan crisis: Fed eases aggressively as economy enters deep recession 1992-1994: Existing financial architecture in Europe (ERM) blows apart 1995-1998: European convergence trade in both FX and Bond spreads keeps European currencies relatively stable vis a vis the…

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S&P 500: Dangerous Black Swan Chart Formation

In a small town in Europe..It is raining, and the little town looks totally deserted. It is tough times, Everybody is in debt, and everybody lives on credit Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms…