Here's yet another story on what went wrong in the housing market. But this one talks about the other markets the mortgage meltdown and subsequent credit crunch crushed, including equities, and it also talks about the best equities to get into right now (think "small cap").
The author of the story is a real market bear, so his fervor in buying small caps could be taken as really optimistic. It may be time to reallocate some of your 401k and other retirement account funds to the small cap area.
A Nation of Enrons
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Posted by billspaced | 6:30 AM | Mortgage Meltdown, Real Estate | 0 comments »