Greenspan just announced to the world that the drop in home prices will probably end “well before” early next year. Now to me, “well before early next year” seems to translate into a housing recovery at the end of this year (or possibly the first month or two of next year). He has a weird way of saying it, in typical Greenspan code. Sometimes I wonder if his wife can understand him. If so, maybe she could translate for us. “Honey, I’ll take the trash out well before next week.” When is that? Anyway, back to translating. If the housing market stabilizes enough that consumers can see the end in sight, then they’ll ... (full story)