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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (49769)	4/17/2006 2:36:59 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

U.S. April home builders index falls to 50, 4-1/2 year low - By Rex Nutting WASHINGTON (MarketWatch) - The U.S. housing market index fell by four points to 50 in April, the lowest level since the recession ended in November 2001, the National Association of Home Builders said Monday. A reading of 50 indicates builders' views about the market were evenly balanced between good and bad. The index was at 67 a year ago and has fallen 18 points in the past six moths. The survey shows builders are somewhat optimistic about the current sales climate and about sales in the next six months. But the traffic of prospective buyers at developments is not hopeful. Views of builders in the West and South, the hottest regions for new construction, remain positive.

To: regli who wrote (49769)	4/17/2006 4:55:55 PM
From: mishedlo	Respond to of 116555

Sinkholes and Hurricanes globaleconomicanalysis.blogspot.com Mish

To: regli who wrote (49769)	4/17/2006 6:17:03 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Canada confirms new mad cow case Canadian authorities have confirmed a new case of mad cow disease - in the western province of British Columbia. It is the country's fifth native-born case and the second this year. Food inspection authorities said the finding in the Fraser Valley dairy cow did not endanger the public as no infected part entered the food chain. Scientists believe humans can contract a deadly brain-wasting disease by consuming beef products from cows with bovine spongiform encephalopathy (BSE). Story from BBC NEWS: news.bbc.co.uk