Sentiment Disparity - Main Street vs. Wall Street
Started by bhh
almost 16 years ago
Posts: 120
Member since: Sep 2008
Discussion about
pretty good read on why the equity market rally the past year hasn't had much impact on home prices. http://www.zerohedge.com/article/behind-sentiment-disparity-main-street-vs-wall-street?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Well, the expected link was a mistake from the first day the bulls tried to claim it.
A recovery from a bubble doesn't mean a return to bubble prices in the asset class that popped. This is a pretty fundamental mistake.