Quote:
Originally Posted by Homeslice
Corporate earnings, factory orders, and home sales are all up........But employment is still going to remain lame for quite some time.
|
I should hope that home sales have been up. I believe this is in large part because interest rates have remained at historic lows for an extended period of time while at the same time the government has been giving home buyers large sums of money subsidizing their purchases. Considering at least one, if not both, of those incentives are going away I'm not sure the housing market is going to hold up.