Loading ...Sounds like a law or accounting firm.
Skilling was a sign of the times back then, a fall guy to take away focus on the real crooks of Wall Street. It’s just gotten worse since then.
Shiller – is probably right, the SM could go a lot higher. Usually he focuses on real estate which I believe won’t be able to withstand the rate hikes – it’s already starting to slow, prices in places like CA. starting to fall a little as inventories rise.
This is the same boom and bust cycle that the Fed has engineered since their inception. Will it help gold? Probably not.