The Housing Bears Are Wrong Again by Larry Kudlow on National Review Online: "Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market."
See previous post. This article was written in 2005 also. How this F**K continues on CNBC with any credibility is just ludicrous. This guy shouldn't even be in a 7-11 advising customers on which beer tastes great or is less filling. Shesh. By way, Las Vegas leads the nation in foreclosures and personal bankruptcy's, and Naples leads the way on condo crashing.
Friday, December 26, 2008
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