How can pundits claim that housing has bottomed, as some have done recently? Listen to Michael Pento this week as he exposes the numbers behind such nonsense. He also tells why the Fed's rate cutting campaign represents poor policy, but cannot be ignored by investors. Don't fight the Fed [3], he reminds us.
Links:
[1] http://www.greenfaucet.com/audio/by/artist/michael_pento
[2] http://www.greenfaucet.com/audio/by/title/mid-week_reality_check
[3] http://www.greenfaucet.com/the-market/housing-is-still-a-mess-but-dont-fight-the-fed