Various and sundry charts of new home sales paint a big picture of the single family home development industry and what it tells us about the current and future state of the US economy. It also tells us that the US single family home building industry is setting up as a good short on a longer term basis.
Home Sales Data Drill Down Shows Why Homebuilder Stocks Would Be Good Short Sales
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.