Alan Greenspan, the guy who saved the world right up until we realized he was responsible for destroying everything, says stocks are headed up. PANIC.

Woefully underinformed speculators like us regularly prognosticate wildly about where the next economic disaster will come from, in a futile attempt to prepare ourselves for the inevitable anvil of financial doom that always, but always, falls upon the head of the underclass. How long until we all are smashed again?

Financial stocks are booming, and more Ivy League grads are heading for jobs on Wall Street. Just your daily reminder that it is 2006.

Welcome to the 2006 economy, where stocks are booming, the art market is setting records, and home prices are soaring all over the country. In fact— not to rush things along too much— it's already time for you to start worrying about the collapse of the next housing bubble.

This 2006 economy is heating up fast! It's not just the record stock market highs and the M&A boom and the rapid growth of incomes in the top 1% and hedge fund guys buying $155 million paintings—home prices are on the rise again. Everywhere! From the WSJ: