emily x

Worst Housing Number in Decades: What Is the Wall Street Media Smoking?

"Another point to be made is how the media is trying so hard to support the current administration."

Clearly you've not been watching CNBC!

Brokers Are The New Homebuilders - Forget The Bailouts

"[T]he only way right now the gap can be bridged is by valuations coming down, greater focus on operational improvements or sponsors accepting lower returns" -- The first two will probably take care of themselves as this plays out; the third is the "human" element and, just like in the housing market, it's gonna take time for those very high profit expectations to come down. Rock on, Phil.