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Another round of revaluations began in early 2006, just about the time the real estate market began making a serious correction.
The "flight to safety" has already caused Treasury bond yields to fall, cutting the borrowing costs of homebuyers.But it may be the internal dynamics of the markets, not the evolution of the wider economy, that decides whether this is a brief shakeout or the start of a serious correction.
One big change I see coming in 2004 is a serious correction in the stock markets.
Also keep in mind that trees don't grow to the sky and we are overdue for a serious correction.
Surprised that despite a serious correction two such opponents of market timing made it onto the Honor Roll?
Now, with AmEx off from a February high of $169 to a recent $133, it's contributing in no small way to what could turn into a serious correction.
Similar(48)
This is well below the level at which serious corrections start.
More than half of todays equity mutual funds, for example, have been created since 1990 — the date of the last serious market correction.
If it were live, that would be killer, but as it is, I don't really trust cameras to do serious color correction or effects, especially on HD video, where details are so important and cheap effects really stand out.
We are very grateful to Professor Marian R. Goldsmith for her critical reading and serious language corrections of this manuscript.
And calling these serious problems a "correction" in the market, or a "cycle" of the economy, doesn't make their situation any better, their jobs and homes any safer, their lives any easier.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com