The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: ggersh who wrote (93708)	7/18/2013 10:19:01 AM
From: Smiling Bob	Read Replies (2) of 119360

Talking heads and fed successful in mollifying taper tantrum? A few weeks ago we'd have dropped 300 on this Now we're to beleve "investors" willing to buy on a good number or two believing it will make up for bond buying, absorb eventual higher rates, lift consumer purchasing power, and bring the deficit to manageable levels in our lifetime? ------- Philly Fed manufacturing surges to 19.8 WASHINGTON (MarketWatch) -- The Philadelphia Fed's manufacturing survey in July surged to 19.8 from 12.5 in June, marking the highest level since March 2011, the regional bank said Thursday. Economists polled by MarketWatch expected a 10 reading. The shipments index rose to 14.3 in July from 4.1, though the new orders index softened to 10.2 from 16.6.

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