> if this dude was confidently correct he should go make billions on the market

Remember: Michael Burry of The Big Short fame nearly went bankrupt waiting for the market to collapse. You can be right and not get the timing right; the very relevant Keynes quote is "Markets can stay irrational longer than you can stay solvent."

https://en.wikipedia.org/wiki/Michael_Burry

> During his payments toward the credit default swaps, Burry suffered an investor revolt, where some investors in his fund worried his predictions were inaccurate and demanded to withdraw their capital. Eventually, Burry's analysis proved correct: He made a personal profit of $100 million and a profit for his remaining investors of more than $700 million. Scion Capital ultimately recorded returns of 489.34% (net of fees and expenses) between its November 1, 2000, inception and June 2008. The S&P 500, widely regarded as the benchmark for the US market, returned just under 3%, including dividends over the same period.

Shelia Blair is a woman, not a dude. Her name is the first two words of the first sentence of the article.

Is part of the reason it feels meaningless because you only read 10 words of content and it was difficult for CNN to pack a satisfying explanation of the economy into that limited bandwidth?

i hear you and I don't disagree. That said: I feel pretty OK about selling my house that has appreciated >100% in 8 years (east LA) and renting a nicer house for a little less money. Could be that I'm wrong, but at the very least I profited more than $450k for simply buying a house, living in it, and selling it. If nothing else I effectively lived rent-free for the past 8 years and am left with enough cash to pay rent on a similar place for the next 11 years all for the opportunity cost of a down payment.

Not until the crash. How do you make money in crashing real estate prices anyway? Only accessible thing that comes to mind is shorting REITs.