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<p>Then <a href="http://calculatedrisk.blogspot.com/2007/09/jackson-hole-2007-symposium-proceedings.html">Calculated Risk</a> was kind enough to post all the links to the PDF files from the Fed symposium.</p>

<p>I don't know where to start. </p>
 
<p>I'd start with, and probably end there.





I have been following Mr. Shiller work since he released his now famous S&P/Shiller Housing Index.





His Index and the CME helped to create the first US housing derivatives market.





So you can buy a house and buy puts to protect your house in this downtrend cycle.


Also, in the future you can invest in US housing without really buying a house, if you buy calls for example.








"Recent Trends in House Prices and Homeownership"


Presented by Robert Shiller, MacroMarkets' Chief Economist


Federal Reserve Jackson Hole Symposium


August 31, 2007 </p>

<p>asd</p>
 
<p>On the macroeconomic picture:</p>

<p>The Economist Intelligence Unit briefing: Heading for the Rocks: a special report on the turmoil in the world's financial markets <a href="http://www.economist.com/agenda/displaystory.cfm?story_id=9747967">http://www.economist.com/agenda/displaystory.cfm?story_id=9747967</a> </p>

<p>Credit bust bypasses banks: part 2: bank deregulation fuels abuse. <a href="http://www.atimes.global_economy/II07Dj01.html">http://www.atimes.Global_Economy/II07Dj01.html</a> </p>
 
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