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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Smiling Bob2/26/2008 11:39:23 AM
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I'd love to hear a long's view on why the market is up today in light of all the promising economic news.
There's obviously no reasonable person saying bottom is in and light at end of tunnel. If anything, we're just entering the tunnel. The stimulus is nothing but a boost facing monumental headwinds and not a fix.

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Job Worries Sink Consumer Confidence- AP

Consumer confidence plunged in February as Americans worried about less-favorable business conditions and job prospects, a business-backed research group said Tuesday.

* Wall Street Wobbles on Inflation News- AP
* Home Prices Drop 8.9 Percent in 3 Months- AP
* IBM to Buy Back $15 Billion of Stock- AP
* Wholesale Prices Jump in January- AP
* Sales Slowdown Drags on Target 4Q Profit- AP
* US Home Foreclosures Soar in January- AP
* Google Shocker: Paid Click Hits Wall- Tech Ticker

The Best of Today's Business

* Home Depot Hammered, Siemens Wields Ax- Harold Maass of The Week

» View more top stories
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