Sourced From: http://www.millersamuel.com/declaring-a-housing-recovery-using-a-threshold-based-on-fraud/
S&P CoreLogic used it’s National Non-Seasonally Adjusted Housing Price Index to declare that the housing market has recovered. Even the ironies of this public relations effort have ironies. I’ll explain.
First, look at this classic Case-Shiller chart. Notice how the arrows don’t connect to …