oh noes..another "the sky is falling" article. of course bubba-perma-bear refused to quote the important sentences:
"Moving huge quantities of cargo is an energy-intensive activity, so the slump in oil prices is a large part of what's happening here...Of course, the index can fall because of supply as well as demand"
it's still not a bad time to buy mainly because of low rates which will likely go up soon without more bad news from Europe.
one year ago i advised people to buy and i was accused of being a shill and a realtor. HA HA HA. the huge opportunity they lost to their inflated ego ("prices will go in the direction i want because i'm awesome like that"). in the meantime my house went up 12% since then.