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  • How Our Home Prices Compare To The Rest Of The World

    In This Issue:

    Global Home Price Comparison
    Lessons from the Forgotten Depression
    Resisting the Intervention Urge
    Chaining the Tiger
    More Difficult Than Timing the Market

    Quote of the week
    "Institutional equity investors fear missing out on the rally. Bond investors fear deflation and the stock market is way overdone and is ripe for a steep correction. The gold bugs fear that the fiscal and monetary largesse globally will lead to inflation and fear that the U.S. dollar is on the verge of collapse. Never before has fear felt so reassuring - pick an asset class, and it's going up in price." -- David Rosenberg in a recent newsletter to clients

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  • The Pollyanna Paradox and A History Lesson Never Learned

    In This Issue:
    An Update on Our Performance
    Bailout vs. Previous Government Expenditures
    A Financial Trap That Catches Millions
    Caught In the Trap
    Market Rhythms and Rhymes
    Bubble Breakdown
    Playing Against a Stacked Deck
    Practicing Paradox Prevention
    Wall Street One-Liners
    Portfolio Performance Analysis
    Sharing the Sport of Basketball with My Daughters

    In this month's newsletter, I will explore some possible explanations for why America and the world are once again in this mess. Our research will not be based on economic reasons but on how human beings continually repeat the same mistakes that they have been making for centuries.

    Who's to blame for these mistakes? It can't be the system's fault because the system was created and controlled by people. The ultimate reason could be the fact that human beings are both greedy and fearful. They overreact to positive and negative events just as Pavlov's dogs consistently reacted to the ringing of a bell.

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