http://danielweblog.wordpress.com/2008/10/27/greed-has-no-ends/ Thu, 30 Oct 2008 21:56:28 +0000 http://wordpress.com/ hourly 1 http://danielweblog.wordpress.com/2008/10/27/greed-has-no-ends/#comment-7 Bob G. Thu, 30 Oct 2008 21:56:28 +0000 http://danielweblog.wordpress.com/?p=26#comment-7 Ken Fisher has made some good calls in the past, but he has been completely wrong over the past year. He vastly underestimated the effects of the credit crisis. How he could miss the fact that an imploding housing bubble would be bad for the markets is a mystery to me. He must not look at charts, because house prices in relation to incomes were unprecedented and were a recipe for a recession. Ken Fisher has made some good calls in the past, but he has been completely wrong over the past year. He vastly underestimated the effects of the credit crisis. How he could miss the fact that an imploding housing bubble would be bad for the markets is a mystery to me. He must not look at charts, because house prices in relation to incomes were unprecedented and were a recipe for a recession.

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