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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (44372)10/27/2005 12:17:48 PM
From: Davy Crockett  Read Replies (1) | Respond to of 110194
 
What do u mean... "all these permits and houses under construction is going to fuel inventory even more."

Call me stupid



To: Ramsey Su who wrote (44372)10/27/2005 12:20:54 PM
From: CalculatedRisk  Read Replies (2) | Respond to of 110194
 
Yeah! Record permits, record starts and falling sales ... I wonder what is going to happen<G>.

How about this for bad reporting?

"... new home sales rebounded at a faster-than-expected pace in September, rising 2.1 percent.

biz.yahoo.com

That is so wrong. Sales were below expectations and the August numbers was revised down significantly, so September came out slightly ahead. That sentence misrepresents what happened.