This also happened in the reverse. If things were slow and margin requirements were reduced in order to stimulate buying, it in fact produced more selling. The American public isn't so easily manipulated. Now we are facing diametrically opposing views of the stock market. Stocks continue to rise with no top in sight, while many of those ”in the know" feel the market is due for a major correction and will be heading down, sooner rather than later.
Real estate, on the other hand, is in the doldrums, to say the least. The combination of low prices and low interest rates, the daily double that, under ordinary circumstances, would attract buyers in droves, has failed to do so. Even the enticement of an (up to) $8,000 tax credit for first time buyers has failed to generate any excitement about the real estate market.
Let's take a look at the two, beginning with the stock market, which raises several causes for concern:
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