Hey, its time for the bear cave again. In the spirit of all things bearish we could talk about the following:
- How real estate prices must decline 20% - 25% so normal, hard-working people can afford to purchase a home.
- How yesterday's selloff on the market was really no big deal - at least to the bulls - because as all bulls know - all you need is unbridled optimism for the market to continue to rise. Forget about those fundamentals since it's just about the spin.
- How rampant speculation seems to be par for the course these days whether we are talking about real estate, stocks, mortgage backed securities, high-yield debt, etc?
- Whatever else has got your knickers in knot. Just don't ask me to untie them.