John Calverley

John Calverley
ahead market three
My sense is that the U.K. market is two or three years ahead of the U.S. market.
annual bubbles percent rate rising stopped suddenly survive
It was rising at a 20 percent annual rate and then suddenly stopped in its tracks, ... Bubbles and How to Survive Them.
economy perform raising waiting year
They are really waiting to see how the economy will perform this year before raising rates,
prices view
There was a view that prices would keep going up forever.
buy herd instinct markets people rush soon suddenly
In these markets there is a herd instinct where people rush out to buy but then as soon as people think differently suddenly there are no buyers.