"Home prices are quite sticky." This is a story you won't hear much about in the media because, well, they can't think independently. A report from the National Bureau of Economic Research indicates that foreclosures won't impact home prices as much as the hysterical national media (and Nouriel Roubini) thinks they will. This is massive news, but it only made the WSJ's blog section...
Exploiting Investor Attention to P/E [PREMIUM]
37 minutes ago