Categorie: Recreation
Submitted 6 months ago by
Jmauldin
, Outside the Box
at Millennium Wave Investments
Existing home sales rose by 2.9% in February, the first significant rise in home sales since the housing market started to decline last year. I was in my car and listening to CNBC as commentators started to celebrate the bottom of the housing market. Since the credit crisis has its roots in the US housing market, and will require a resolution of the housing market in order for credit markets to return to whatever will look like normalcy in the future, it is of more than passing interest to get a handle on the actual state of the housing market. So while this is about the US housing market, it will also affect the credit markets worldwide, as well as impact China and other nations who sell to the US, because of the connection with consumer spending. This week we look at the data from sources that are actually involved in analyzing these markets. It will make for interesting reading. This week's letter will print out rather longer than usual, as we are going to look at a lot of charts, but the actual word length will not be all that long. But first, a quick note about a new "button" on my web site. As you know, I read a lot of material each week. Some of the more interesting material is passed on to me from readers of the letter. We now have a link on the right-hand side of my site (www.2000wave.com) that says, &qu...
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Submitted 6 months ago by
Jmauldin
, Outside the Box
at Millennium Wave Investments
1 comments ↓
WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER