In these markets there is a herd instinct where people rush out to buy but then as soon as people think differently suddenly there are no buyers. |
It was rising at a 20 percent annual rate and then suddenly stopped in its tracks, ... Bubbles and How to Survive Them. |
My sense is that the U.K. market is two or three years ahead of the U.S. market, |
My sense is that the U.K. market is two or three years ahead of the U.S. market. |
There was a view that prices would keep going up forever. |
They are really waiting to see how the economy will perform this year before raising rates, |
Transparency has its risks and costs. |