Wednesday links: free lunch facts
Abnormal Returns —
... Robert Shiller sees “stagnant” home prices for the next five years. (Real Time Economics) ...
links for 2009-09-30
Economist's View —
... G.D.P. Shrank Less Than Expected in Quarter - NYTimes.com
Q&A: Shiller Sees 5 Years of Stagnant Home Prices - Real Time Economics ...
Shiller: Expect 5 Years of Stagnant Home Prices
The Big Picture —
... again. But I suspect that this isn’t going to happen. Also, banks have more REO, or real estate owned, that they’re holding on to for the time being. But eventually those REOs are going to be dumped on the market. So that’s why it doesn’t look particularly encouraging from a supply consideration.
Congrats to Dr. Shiller on winning the Deutsche Bank Prize in Financial Economics.
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Source:
Q&A: Shiller Sees 5 Years of Stagnant Home Prices
Nina Koeppen
Real ...
Sunday Night Reads
Scott's Investments —
Matt Taibbi - An Inside Look at How Goldman Sachs Lobbies the Senate which includes a Goldman Sachs lobby sheet here (pdf) Blackstar Funds on the need for a sell discipline Meredith Whitney - The Credit Crunch Continues (what is Jon Markman thinking?!) Robert Shiller sees 5 Years of Stagnant Home Prices Banks Have Us Flying Blind on Depth of Losses: Jonathan Weil ...

