Though the market appears to have rebounded, visibility remains cloudy in the short term. With many ...
Though the market appears to have rebounded, visibility remains cloudy in the short term. With many expecting a correction, the sell off was short and sharp. It is a stark reminder of the areas that are clearly overvalued as well as the impact of the US on market sentiment. All eyes have been on the US economy. So much of US household net worth is tied to the stock market, that the market itself is a prime mover in consumer confidence. Our research into national US housing data discovered however that superficial statistics revealed very large regional anomalies. There has been substantial...
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