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NEWSFLASH- Stern Agrees With Burnhanky

This just in from Gloomberg-

*STERN AGREES WITH BERNANKE ASSESSMENT ON INFLATION BIAS
*STERN SAYS `THE BULK’ OF HOME CONSTRUCTION DOWNTURN IS PAST
*STERN: SUBPRIME PROBLEMS UNLIKELY TO HAVE BIG OVERALL EFFECT
*STERN SAYS GROWTH CAN BE SUSTAINED IN `FACE OF DISRUPTIONS’
*FED’S STERN SAYS U.S. ECONOMY IS `RESILIENT AND FLEXIBLE’
*MORE

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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