Hey all!!
So as I watched all the reports today I could not help to feel that we need more juice to make the economy move forward. Real Estate orders are increasing, but some builders are doing much better than others. Builders with strong balance sheets are reporting much better profits than prior months, quarter and year. Others are just barely hanging on which seems to point to systemic internal problems. The Fed will act if unemployment gets worse and we have a monthly jobs report on Friday.
Lets see what happens if new job creation falls substantially below consensus of 90,000.
Stay tuned...
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