economix

Comment

Comment by Robin Gower on March 18, 2008 at 11:35am

The stock market can ignore market fundamentals, although only in the short run; this is what causes bubbles, and ultimately what bursts bubbles!

Comment by Theodore Omtzigt on March 16, 2008 at 5:22pm

Great graph but where is the hypothesis? Given the data, the house prices have been on decline since late 2006 but neither jobs or S&P500 seem to have noticed. Stock market should be a 6month leading indicator, so the questions are just too many! Love to hear some postulates and deeper analysis!