Home Sales Not Enough For Prices And Inventory?

By |2014-11-25T13:09:55-05:00November 25th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

Price momentum is usually the key factor in any asset bubble, as it takes sustained ascent to draw in more and more participants. If price acceleration begins to falter, the discussion and bemusement (for some) about who might end up the Greater Fool becomes paramount. But that is not a straight-line process either, nor is it with price momentum. In [...]