Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Vosilla who wrote (25201)	3/9/2005 12:45:33 PM
From: CalculatedRisk	Read Replies (1) of 116555

John, I think foreclosures will be a trailing indictor (or coincident). My feeling is New Home Sales is the right indicator to watch. I wrote a post (with some graphs) that shows New Home Sales is a pretty good indicator of economic slowdowns: calculatedrisk.blogspot.com I received some feedback (even an economist with the Fed wrote to me!) and I posted this update (has a graph showing New Home Sales vs. recessions for 40+ years): calculatedrisk.blogspot.com

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