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57
edvard
2018 May 16, 8:58am
I don't think the tax cut has anything to do with it. The market is simply at its peak and due to a natural correction.
58
RWSGFY
2018 May 16, 9:01am
RWSGFY
2018 May 16, 9:01am
FNWGMOBDVZXDNW says
Why is it "obvious" that corrections will happen in this particular order and not in reversed like the last time around?
correction preceding the housing correction
Why is it "obvious" that corrections will happen in this particular order and not in reversed like the last time around?
60
NuttBoxer
2018 May 16, 11:23am
NuttBoxer
2018 May 16, 11:23am
BayArea says
Maybe you missed this article, from two years ago
https://www.zerohedge.com/news/2016-06-15/subprime-mortgage-back-its-2008-all-over-again
Given that there is no subprime lending crisis like there was over a decade ago
Maybe you missed this article, from two years ago
https://www.zerohedge.com/news/2016-06-15/subprime-mortgage-back-its-2008-all-over-again
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Given that there is no subprime lending crisis like there was over a decade ago, any housing correction would come elsewhere.
What are the possible triggers:
Interest rate hikes - heard of plans to raise rate 4 times in 2018
New tax plan - in Jan and Feb I’ve seen absolutely no slowdown or concern with reduction in tax benefits
Recession or stock market correction
War
Natural Disaster - massive earthquake would certainly shake things up in the Bay Area (no pun)