While we were, as of the close yesterday, in need of some sort of bounce to retrace the selling from yesterday…that will likely only be short and brief. The reality is that given yesterday’s activity, the internal dissension in the markets increased rather than decreased. So, yesterday ratcheted up the tension rather than eased it. Today’s rally is further dislocating risk assets prices versus the dollar and will likely end up exacerbating any further market action…in addition, note that Silver and Gold are leading the EURO lower…
3rd Look at Local Housing Markets in April
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Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local
Housing Markets in April
A brief excerpt:
This data suggests sales will be down y...
3 hours ago