Who Missed the Housing Bubble?
Started by malthus
about 16 years ago
Posts: 1333
Member since: Feb 2009
Discussion about
Nice list of "experts" who did not see it before their eyes. Note the names in case somebody decides to cite them as saying the housing downturn is over. http://economicsofcontempt.blogspot.com/2008/07/official-list-of-punditsexperts-who.html
Not Jim Cramer too!
To be fair, the quote they give for him is actually correct given the time he made it.
Cramer warned everyone that the Fed was screwing up like two years ago and sold his house in NJ. He also called the recent stock market bottom.
Cramer calls 7 out of every 4 booms and busts.
"Cramer warned everyone that the Fed was screwing up like two years ago and sold his house in NJ."
No, he did not sell. According to the tax records, he currently owns 2 properties in Summit.