The first link should be a reminder of how powerful the downtrend has been. Also, regarding the inventory purge now ongoing, inventories do not even actually have to be rebuilt to get a statistical up-move going forward, they have to be purged less severely.
Manhattan Apartment Rents Fall as Unemployment Rises This is a 5.9% fall in one year. This puts pressure on already elevated pries as the buy/rent comparisons worsen. I see bad things for Manhattan real estate.
The corner has been turned in the financial crisis but obstacles lie ahead – Telegraph Michael Spence, a nobel laureate wrote this.
Investors Can Learn From Bear Market And Prosper Again – Bill O’Neil This is an interesting piece by Bill O’Neil, the long-time scion of Investor’s Business Daily in LA