November 17, 2013

The Year The Dead Cat Stopped Bouncing

Readers suggested the housing market turn as the weekend topic. “2014: the year the dead cat stopped bouncing and sank into the quicksand (single family home bubble burst). I can smell a 20% (at least) haircut from this side of 2014.”

A reply, “I love your bullish optimism! And I also share it. The picture is altogether too perfect, with Wall Street partying harder by the day on the Yellen appointment prospect. The bull is clearly going to drink itself to death before the Fed takes away the punch bowl.”

Bits Bucket for November 17, 2013

Post off-topic ideas, links, and Craigslist finds here.