“The emerging markets and the European markets are a bit behind the U.S. in the phase of correction at the moment. From this point on, it's my view that emerging markets will have the sharpest correction from current levels. European markets the next sharpest correction, and Japan will be little affected by interest-rate trends in the United States.”
“This is one more thing that's keeping people from coming home. Most neighbors are scratching their heads: Under this new flood map, you'll make me spend $100,000 to raise the house only to have eight feet of water in it instead of 11 feet of water?”
