July Housing Stats
[Update. 10:30 am (CST): the official number is down 27.2%. Meanwhile, the market is up just a bit from where it opened, down 100. The takeaway? Nobody's shocked.]
The big number today is the imminent release of July housing sales (about a minute away).
Judging by the stock market's first 30 minutes today -- in fact, the week-long slide -- no one's anticipating that the number's going to be good.
You'll know if the number is better or worse than expected by the market's immediate reaction.
Showing posts with label better than expected. Show all posts
Showing posts with label better than expected. Show all posts
Tuesday, August 24, 2010
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