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Ironically, oil is now down more than the stock market and even home prices! From their peaks, oil is down 27.18%, the S&P 500 is down 22.16%, and the S&P/Case-Shiller 10-City Median Home Price index is down 20.46%.
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If you throw in emerging markets you pretty much have covered the bulk of the hot markets over the 5+ years.
Posted by: Sheldon | September 05, 2008 at 12:33 PM