Watch the stock market, companies beating "estimates" growing revenues? growing profits? LOOK at chart above again...the #1 contributor in the past to economic growth and expansion......you see a problem?
from yhoo finance
Monday: "The Commerce Department's new home sales index is due after the start of trading. Sales are expected to have risen to a seasonally adjusted annual unit rate of 310,000 in June, according to a consensus of economists surveyed by Briefing.com. That would represent a modest recovery from May.
In May, new home sales plunged 33% to a seasonally adjusted annual unit rate of 300,000, the lowest on record (which dates to 1963), amid the expiration of the homebuyer tax credit."
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