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We all knew that parabolic trends were never sustainable in the first place. This is all perfectly natural. There is nothing to see here. Please disperse.
Source Data:
St. Louis Fed: College Graduate Unemployment Rate
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
12 hours ago
2 comments:
Great to see a new parabolic trend failure. Thanks!
Fred
Hey Fred!
Parabolic trend failures are, of course, an acquired taste. Not everyone would feel as you do, like say, unemployed college graduates aged 25+, lol. Sigh.
Gallows humor. My girlfriend is unemployed. She's a college graduate. D'oh!
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