"The accessible roadmap to navigating an unpredictable economic earthquake. People are worried about their financial future. The workforce is aging, meaning slower economic growth. Debt is going through the roof, both public and private. Automation and technological revolution are putting people...

I explore whether time-series methods exploiting the long-run equilibrium properties of the housing market might have detected the disequilibrium in U.S. house prices which pre-dated the Great Recession as it was building up. Based on real-time data, I show that a VAR in levels identified as in...