Credit deflation forewarns of housing deflation, page-13

  1. 96,848 Posts.
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    That right hand peak is definitely lower than the previous peak.

    Whilst the long term uptrend is in place - there certainly is a shorter term down trend in play - for the last 7 years or so.

    If that were a stock graph - I would be on high alert, particularly in something that pays a lousy dividend.


 
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