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re: Ouch, Market Taking a Beating
Posted on 8/15/13 at 1:53 pm to Doc Fenton
Posted on 8/15/13 at 1:53 pm to Doc Fenton
quote:+1
Well people like Robert Shilling, Marc Faber, et al. have been throwing around the "bubble" word a lot the last 2-3 weeks, so it's not like a market correction isn't expected by a lot of people, myself included.
Since we're near the tail end of a lengthy 14-year bearish period for stocks, I don't think prices are terrible for the long term
quote:Several major players, John Paulson among them, suggest real estate, REITs as a potential haven.
but I do think that there will be a significant shakeout with home prices and equity prices as economic policy begins to transition, and more talk starts to revolve around a 2nd sequester
Posted on 8/15/13 at 2:05 pm to NC_Tigah
quote:
John Paulson
The same guy who got killed this year on gold?
I think he might be about to walk into the same trap with REITs, but we already discussed real estate a good bit in that thread from last Friday.
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