TITLE

THE LAST GREAT BULL MARKET

AUTHOR(S)
Samuelson, Robert J.
PUB. DATE
February 2002
SOURCE
Newsweek (Atlantic Edition);2/25/2002 (Atlantic Edition), Vol. 139 Issue 8, p29
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reflects on the booming housing prices in the United States. View that increased housing prices are the last bull market; Impact on national morale, suffering from growing unemployment and a falling stock market; Reasons why housing defied the business cycle, mainly in relation to interest rates; Mention of Fannie Mae and Freddie Mac, the nation's largest mortgage lenders, and their efforts to expand homeownership; Skepticism by economist Ian Morris; Outlook.
ACCESSION #
6241283

 

Related Articles

  • Reason to Hope. Fogarty, Mark // National Mortgage News;10/20/2008, Vol. 33 Issue 5, p1 

    The author reflects on the crisis involving the housing market in the U.S. He is confident that the housing will be the first sector to recover from the crisis. He predicts that once the home prices stabilize, qualified borrowers will get back in to the new and existing home sale markets with...

  • Taking Losses Early a Key to Surviving. Ludwig, Eugene A. // American Banker;3/20/2008, Vol. 173 Issue 55, p11 

    The author thinks the U.S. is only part-way through the financial crisis, with another 12 to 24 months of difficulty to come. Home prices still have further to fall. Delinquencies and defaults on non-real estate debt will continue rising. To negotiate these difficult times, companies need to...

  • The New Money Pit. Gross, Daniel; Melendez, Eleazar David; Chen, Alice; Waddell, Lynn; Ehrenfeld, Temma // Newsweek (Pacific Edition);9/10/2007 (Pacific Edition), Vol. 150 Issue 11, p36 

    The article highlights how the U.S. real estate market is impacting the economy. Reportedly, a large number of homeowners who purchased real estate using sub-prime mortgages are defaulting on their loans, causing a decline in employment opportunities for professionals in housing related...

  • FORECLOSURES PERSIST.  // State Legislatures;Mar2009, Vol. 35 Issue 3, p6 

    The article focuses on the prevalence of foreclosures in the U.S. despite measures to curb them. Based on the National Delinquency Survey of the Mortgage Bankers Association (MBA), there were 575,000 foreclosures in the third quarter of 2008 alone. MBA chief economist Jay Brinkmann predicts that...

  • The Ownership Myth. Shiller, Robert // Newsweek (Atlantic Edition);10/20/2008 (Atlantic Edition), Vol. 152 Issue 17, p34 

    The author offers his opinion on the impact that the American belief in an ownership society, upheld by President George W. Bush while seeking re-election in 2004, has had on the U.S. economy. He discusses the draw and the drawbacks of homeownership and stock ownership. He suggests that the U.S....

  • Home Resales Fell Off in May.  // American Banker;6/28/2006, Vol. 171 Issue 123, p9 

    This article discusses a study by the National Association of Realtors, which suggests that with higher mortgage rates sapping demand, the sale of previously owned homes in the U.S. fell in May 2006 to the lowest rate since January 2006. Other resale and annual rates are discussed. Economists...

  • FROM THE WIRE.  // Las Vegas Business Press (10712186);4/27/2009, Vol. 26 Issue 17, pP23 

    This section offers news briefs on the U.S. economy, including a rise in confidence among wealthy U.S. citizens, reflected in an increase in luxury spending. Treasury Secretary Timothy Geithner that majority of U.S. banks have more capital than needed and that there are indications tha the...

  • Made in USA: A Big Slump. Roach, Stephen // Newsweek (Pacific Edition);12/25/2006 (Pacific Edition), Vol. 148/149 Issue 26/1, p43 

    The article discusses the possibility that economic growth in the United States could slow in 2007. The author believes that the housing slump in the United States could have repercussions on other aspects of the economy. The article examines the impact of economic slowdown or recession in the...

  • More Than a Bear Rally. Sharma, Ruchir // Newsweek (Pacific Edition);5/12/2008 (Pacific Edition), Vol. 151 Issue 19, p44 

    This article reports on stock market conditions in the U.S. in May 2008. There has been a run-up in stocks, continued drops in housing prices, and relatively low valuations. The article discusses historical bear markets and past economic crises. Information is also provided on domestic consumer...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics