Dec 22 2008
Dow Jones Industrial Average on Pace for top 3 Worst Performing Year since 1896: Understanding one of the Most Followed Industrial Averages.
The Dow Jones Industrial Average (DJIA) is closely followed by those here at home but also those around the world. It is the oldest continuing U.S. market index. The DJIA is the best-known market indicator simply because it has one of the longest histories and many have grown accustomed to following the index. Since the [...]
Dec 4 2008
The Housing Bubble Started in 1979: The 3 Stages of the Housing Bubble. From Birth to Bust. Housing Collapse is 30 Years in the Making.
Many would argue that the real estate bubble started in 1997. At this point, residential real estate values in the United States disconnected from any economic fundamentals. We have heard this argument many times. Yet I am going to argue that the current real estate bubble started in 1979.
The real estate bubble started [...]
