- Banned
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More good economic news.
This is the firm that predicted the housing market downturn for Goldman. They are top of the line market analysts.
Of course Goldman used the information to defraud their customers, but that's neither here nor there...
Paulson & Co. turns bullish on housing, economy Hedge Funds - MarketWatch
This is the firm that predicted the housing market downturn for Goldman. They are top of the line market analysts.
Of course Goldman used the information to defraud their customers, but that's neither here nor there...
Paulson & Co. turns bullish on housing, economy Hedge Funds - MarketWatch
Paulson & Co. turns bullish on housing, economy
After betting against mortgages, manager sees home prices up 8%-10% in 2011
SAN FRANCISCO (MarketWatch) -- John Paulson, the hedge fund manager famous for betting against mortgage securities, is now bullish on the U.S. housing market and the economy.
During a conference call with investors Wednesday, Paulson said he was concerned earlier this year about a potential double-dip recession.
"I'm not concerned about that at all today," he said. It's more likely there could be a V-shaped recovery, Paulson continued.
House prices have stabilized and could climb 8% to 10% nationwide in 2011, Paulson said.