Vancouver Peak
Sherry Cooper says: - Printable Version

+- Vancouver Peak (http://vancouverpeak.com)
+-- Forum: The Peak (http://vancouverpeak.com/forumdisplay.php?fid=1)
+--- Forum: Quote Tracker (http://vancouverpeak.com/forumdisplay.php?fid=4)
+--- Thread: Sherry Cooper says: (/showthread.php?tid=185)



Sherry Cooper says: - wreckonomics - 01-27-2013

An oldie but a goody, this one dates back almost a year ago but is too good not to archive.

Quote:"In our view, the national housing market is more like a balloon than a bubble," the bank said. "While bubbles always burst, a balloon often deflates slowly in the absence of a pin."

- BMO Chief Economist Sherry Cooper Jan 30 2012

..and a visual to go along with it:

[Image: attachment.php?aid=17]