Jeff Nielson: Every month, the U.S. propaganda machine plays the same game in the housing sector. It announces “new home starts”. Then a few days later it announces “new home sales”. But it never, ever, ever talks about the two numbers in the same news item. Read more…
NYSE:ITB, NYSE:IYR, NYSE:XHB, NYSE:XLF
Dominique de Kevelioc de Bailleul: Gloom Boom Doom Report publisher Marc Faber was back on Fox Business, Friday, with his latest thoughts on Greece, China, stocks, U.S. real estate, and some creative Read more…
NYSE:EWA, NYSE:EWJ, NYSE:EWZ, NYSE:FXI, NYSE:IYR, NYSE:THD
Stoyan Bojinov: Selling pressures hit Wall Street as investor confidence in the Euro zone further deteriorated following Fitch Ratings’ statement that continuing European debt woes would pose a risk to American banks. On the home front, investors digested yet another better-than-expected economic releases Read more…
NYSE:XHB
Will Swarts from Smart Money reports that “It’s been over a year since the housing sector imploded. Yet, it’s still at the epicenter of the current economic crisis. Many market watchers are pinning any chance of a broad recovery on housing pulling one off first, so the data emerging out of the sector is closely watched. Read more…
ETF BASIC NEWS, NYSE:ITB, NYSE:XHB
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