Larry Levin's Blog – May 2012 Archive (1)

Bright Side?

There’s always a bright side to things, just ask the markets.

All three headline composites of the latest Case Shiller home price index were lower for the first quarter 2012. In fact, home prices in many cities are at the lowest levels since the housing crisis began.

This “good news” combined with the other “good news,” Greece being such a gigantic financial disaster that it’s getting kicked out of the Euro, propelled the market higher.

If we are going to…

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Added by Larry Levin on May 31, 2012 at 3:15am — No Comments