The leverage based economy: $1,000,000 home for $2,000 a month even with higher rates. The addition of Goldman Sachs and Visa to the DOW reflect our leverage based economy.

11 years ago

By drhousingbubble It was interesting to see Goldman Sachs and Visa being added to the DOW 30 Index. The importance of this highlights the massive amount of leverage in our economy. Those benefitting from low rates are large investors with the ability to use financial arbitrage and have the ability to keep ahead of inflation. For the […]