Monday, June 16, 2008
Daniel Gross blasts Lawerence 'Sunny' Yun in an article explaining why the US Economy is worse than many think.
Lawrence Yun, chief economist at the National Association of Realtors, tells NEWSWEEK that "home sales and prices in most of the country will improve during the second half of 2008." (Yun is the Little Orphan Annie of forecasters. He's always sure the sun will come out tomorrow.)
I'm glad Mr. Gross continues to bash this paid spinner who has discredited himself, based on his inane predictions that have proven terribly wrong.