Case-Shiller price index

Case-Shiller price index headed for 2008 levels

Eric Garland DataLab

This firm held the Case-Shiller price index up as a trend that absolutely should have warned executives of a major event over the horizon. The historic inflammation of asset prices looked to us to be the symptom of something heavy on the horizon, not necessarily the high score on a video game. With irrational exuberance all over the housing markets …