Kev, thank you for the link. Ken Fisher is not an economist, he’s a money manager who probably makes a living from commissions paid every time his customers’ buy stock or mutual funds. In fact, Fisher is not cheering the housing market per se, but house builder shares (I know, I know, they are related).
My point is that, just as the NAR benefits when houses are bought and sold, Fisher benefits when people invest in shares as part of their portfolio. An economist, he’s not.