It started last week with a 25% plunge in silver prices. Gold, oil, corn, and coffee followed in sympathy, and by the end of the week it was a full scale route across the commodity spectrum. These price declines will save corporations and consumers untold trillions of dollars. So why isn’t the stock market celebrating?

Housing has been the bad boy of the financial markets ever since the first sub-prime mortgage loan went bad back in 2007. So it may come as a surprise to some that I believe that this scorned and much-hated sector of the economy is ripe for a comeback. But don’t look for a get-rich-quick kind [...]