In a note to clients following the release of the S&P Case-Schiller data, Rafferty Capital analyst Richard Bove tied the rising home prices to bank stock valuations. "The banks have marked down their holdings
The two winners over the last 90 days, year to date and five years are tech and healthcare.
Richard Cordray, the first director of the Consumer Financial Protection Board, has taken an aggressive tack. Now, it may be doing its job too well.