Larry Kudlow's Non-Bubble
"Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market."
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1 Comments:
Kudlow's column today is a keeper. It will be really fun to read in 2006.
VHB
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