According to Alan Greenspan in a recent Bloomberg article, the bottom may have already hit… back in mid-July. That’s for economic indicators (such as industrial production), not necessarily housing. But Greenspan also commented that housing appears to be “stabilizing”. The article represents another feather in the cap for a growing number of positively-spun media.
While we are seeing a lot of hopeful signs out there, it just doesn’t feel like we’re completely out of the woods yet. In any case, Greenspan has some good commentary on the economy, housing market, and predictions.
The article we’re citing is available HERE and is a good (and quick) read.
Greenspan - Detailing his recent experience with Viagra.
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