Former BlackRock Manager: The Housing Market Looks Worse Than 2008

Former BlackRock portfolio manager Ed Dowd explains to Mark Moss why he believes U.S. home prices remain significantly overvalued, why transaction activity has collapsed back to 2008 levels, and why housing could become one of the biggest drags on the economy. He also explains why lower inflation and Fed rate cuts may not be bullish for markets, drawing comparisons to both the dot-com crash and the 2008 financial crisis.

Watch the full episode HERE: https://youtu.be/xum_M-KiYJs
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