The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the 2010 decline by region (click to enlarge), showing how uneven the fall was this year – four regional areas were actually up:
Doubleline Capital founder Jeff Gundlach suggests laggard China stocks relative to the U.S. beg for a pairs trade. Yet here’s another spin on that idea.
The reality of trying to make a living from the market.
The standoff has big implications for global investors
Piper Jaffray’s Munster sees 20%-plus revenue growth for Apple over the next three years. His share price target: $910 from about $600 now.
