I think there are a lot of factors that were left out of the article. Many people that were making money back in the last boom were plowing it back into the market or spending it foolishly. I think it will be a very volatile year, but the people who are smart with there money will be okay. I don’t think the root cause of the last bust was the adjustable mortgages so much as the job losses and I’m still not convinced that Trump can bring good paying jobs back, but I hope he can help. Could be a brutal year for healthcare as they have had over justified growth recently.
