ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Housing Market Intro and Summary I thought the advantage of new home sales over existing homes was coming to an end soon. The data suggest otherwise. New home sales surged to an 18-month high while existing home sales fell to a 12-year low. The resilience continues for new homes and most builders. The stock market … Read more
Housing Market Intro and Summary The window for new home sales stealing share from existing home sales may be grinding to an end. Another plunge in sentiment for home builders combined with mortgage rates trending fast and furiously upward toward 8% are exerting more and more friction on the entire housing market. The stocks of … Read more