Not to mention, we try to recover from one of many worst economic events of our time, and the Nasdaq recently hit all-time highs, breaking by way of the 10,000 degree before spiking decrease. It does not imply we’re accomplished in a bull market – I’m constructive on the markets until the situations tell me to not be. In the adjoining diagram, the stock of housing provide is introduced in the left panel whereas the new flow is in the right panel. First, the preliminary equilibrium value is determined by the intersection of the supply of present housing stock and the demand for housing .