Tuesday, August 07, 2007

Bursting Your Bubble

SEARCH BLOG: ECONOMY

CNN had this article on their website that points out further concerns about the equity [and housing?] markets in the U.S.

Right now there doesn't seem to be a "consensus" about the near-term financial dynamics of the markets.
The DJIA is up about about 8% YTD which is what one might expect for the full year. The extra run-up to 14,000 was a good signal that the frenzy was peaking and look out for the bad news bears.
I have to believe that there are more hidden structural flaws in our present economy than the I-35 bridge.

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