Sunday, January 13, 2019

Housing Bubble v 2.0

Was on with Laurie Zoock and Frausters Radio where we talked about the current housing bubble.

I do believe there is a bubble, though nowhere near as bubbly as the previous one, but I also think housing is still integrated with the real economy enough that it will cause a slight recession, perhaps just a slowdown/stagnation in 2019.  Again, could be wrong, but there's enough powder to cause an recessionary boom.

1 comment:

Oswald Spengler said...

You can bet if the US economy is in a recession (even a slight one) during the runup to the 2020 election, the leftist mainstream news media will do everything possible to spin it as the Second Great Recession and will lay the blame entirely on President Trump.