Mike "Mish" Shedlock twitter @MishGEA investment economist
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Hello Recession Doubters
New home sales are down a whopping 38.5 percent since January!
When have we seen housing data this week when the economy was not in recession?
Number ONE 1yr, 5yr and 10 yr market timer tracked by Hulbert Digest, went from long to cash over the weekend
Fari Hamzei if you want to research. Expects 6 weeks of downward pressure, but that is an expectation
The future is always uncertain, sometimes more uncertain than at other times.
good luck
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