(So it's late . . I took a vacation last week
and the E-Mail decided I had to remember another
password . . . and I finally got to me E-Mail today.)
http://www.vanguard.com/us/insights/article/economic-week-review-05252012
Economic Week in Review: Home, sweet home?
May 25, 2012
Be it ever so humble, the current housing market recovery may have a foundation. Although the numbers are still low by historical standards, reports on existing-home and new-home sales were both encouraging in a light week for economic news. There was also a bump in durable-goods orders, largely because of a rise in orders for transportation equipment. For the week ended May 25, the S&P 500 Index rose 1.7% to 1,318 (for a year-to-date total return—including price change plus dividends—of about 5.70%). The yield on the 10-year U.S. Treasury note rose 4 basis points to 1.75% (for a year-to-date decrease of 14 basis points).
Existing-home sales take positive turn
(Article does continue. Zim.)
Mad Poet Strikes Again.
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