Tag Archive for Sky

Mainstream Media Gets It Wrong- In Coincidental Truth Telling, NAR PR Shows House Market Strengthening

NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in May and that, contrary to the mainstream media portrayal, the housing rebound is not “uneven” or slowing in any way. Below is the full unexpurgated PR from the NAR. While…

Ominous obituary…

Whoa, the sky fell last night, seemingly due to a trading error but even without that the action is impressive. Lotsa fallout for the early openers: Nikkers -4%, Sth Korea -3.3%, Kiwis -3.9% and Aussies -2.1%.

In the All Ords sectors, Financials is getting another beating, -3.2% followed by REITS and Consumer Discretionary, both -2.3% The lone green sector is Gold +2%.

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