Trick or trick - U.S. housing and the stock market

by John Wake on November 1, 2006

Here’s a late Halloween story on U.S. homebuilder confidence and it’s correlation with the stock market.

“Tucked away in the briefcase of Liz Ann Sonders, chief investment strategist at Charles Schwab & Co., is a chart so scary she’s hesitant to show it to investors.”

2006_11_01_Housing_Stocks.gif

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