financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area, or on my boat which I keep in the British Virgin Islands. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Not Just Housing

March 29th, 2007 by reality

For quite some time now, much of the commentary on this blog has been about the housing market. For good reason, because housing is the most recent manifestation of the credit bubble.

But it is important to remember that the housing mess is only one part of the bubble. Virtually all asset classes, with the possible exception of energy, are in bubble mode. Be careful out there, refuge is going to be hard to find. I’ve recently been re-reading Prechter’s “Conquer The Crash”. Still much good advice in it.

Posted in Asset Classes |

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