James Stack
James Stack
dollars homes percent value year
And the value of these unsold homes in the U.S. now exceeds (a) half-trillion dollars - up 33 percent from a year ago!
comparison favorable historical perspective prior
The comparison of the 2000s (to the prior two decades) will not be favorable from a historical perspective.
benefit economic steer tending towards
We're tending to steer towards those sectors that are going to benefit from an economic recovery,
declining fully generally hovering interest large moves near rates scenario starting stocks valued
We are starting with stocks fully valued and short- and long-term interest rates still hovering near four-decade lows. Large bull-market moves are generally accompanied by, or preceded by, declining rates, and we don't have that scenario today.