[blam]

Posted yesterday:

Shiller: Housing Hasn't Necessarly Bottomed Yet

“I don’t think [a boom] is in the cards. We might see home prices go up a little bit, you know, a little bit above inflation, maybe. Not likely that we’ll see a real boom.”

[PGR88]

UBS, the Swiss banking giant, announced a record settlement with global authorities on Wednesday, agreeing to a combined $1.5 billion in fines for its role in a multiyear scheme to manipulate interest rates.

http://dealbook.nytimes.com/2012/12/19/as-unit-pleads-guilty-ubs-pays-1-5-billion-in-fines-over-rate-rigging/

Uncle Sam to UBS: $1.5 Billion and some positive statements from your "analysts" and we'll late you play in the FED/Wall Street casino.

[kjo]

This market is not coming back within the lifetime of current baby boomers. It’s done.

[DakotaGator]

With the Fed expecting to keep interest rates low through at least 2015, investor interest in the housing market could come back in a big way, which in turn could prove bullish for the economy...(emphasis added)

And pigs could fly!

The mindless economic "happy talk" being pumped out by those who know better should be a crime.

[steve86]

The financial media industry seems to have shifted from doom and gloom stories to unrestrained optimism. Just read two in a row.

This is quite bearish.

[Cyber Liberty]

“The Most Accurate Economist On Wall Street” is long on his housing stocks, I bet. I wonder how many suckers he can get?

[aMorePerfectUnion]

Bullish housing market?

Fueled by Gov’t manipulated interest rates. That’ll end well!

[Ghost of Philip Marlowe]

Bullish?

Is that a word scramble and just missing the letter “t”?

[kabar]

Harris expects US GDP to grow 2.3 percent in 2013, which is higher than the consensus.

2.3% is not exactly boom times. It is pathetic coming out of a recession.