Tag: real estate bubble
The Real Estate Bubble Looks Eerily Like Early 2006
We called the real estate bubble top in late 2005, just before it began to burst in early 2006. So did Jim Stack, a newsletter writer in Whitefish Montana. Now Jim has a Housing Bubble Bellwether Barometer that’s flashing a sell signal after going up 80% last year. All our alarms are going off as […]
U.S. Home Prices Are Hitting Peak Bubble Territory
Two weeks ago, I wrote about an upcoming New York City condominium listing for $250 million. I mention this because, as I’ve explained before, it’s always the tallest buildings and priciest condos to get hit during major downturns. Just look at the early 1930s and mid-1970s marking peak bubbles if you don’t believe me! You’ll […]
One Contrarian Indicator You Can’t Ignore
Sheep get sheared… For the one billion sheep on farms around the world, it’s a fact of life. They’re going to get clipped. The wool they’ve worked so hard to grow all year will be snatched from them in an instant. If you’ve ever been on a ranch, you quickly see sheep have a natural […]
