Just saw this in WSJ:
After four bumpy years, the U.S. recovery finally appears to be on a smoother road. Many economists now predict 2014 will be the best year for growth since 2005, while joblessness is expected to click below 7% next year for the first time since 2008.
Question. Wasn’t 2005 smack in the middle of a real estate bubble engineered by the Fed to paper over the Dot Com Bubble? The author of this WSJ excerpt is Brenda Crain. Her WSJ adds:
“She graduated with honors from Georgetown University and is known for her distinctive flair for fiction writing (though certainly not at the Journal).”
It is always insightful to check the biographies of the fundamental (“funnymentals”) writers.