The Daily Ticker’s Aaron Task interviews Yale economist Robert Shiller. The Case/Shiller recorded its first annual gain since 2006 (excluding the one time tax credit in 2006). Robert Shiller says that housing might be bottoming but there are a lot of problems on the horizon.
Political factors like Fannie and Freddie need to be solved
There is the European Crisis
Asian Crisis
Financial Cliff
Full video below:
