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Tag Archives: homebuilders

Housing: A Firmer Foundation

The housing market has been hurting lately — especially in parts of the country (such as the coasts) where prices climbed too fast. But I’m picking up indications that the bottom may not be far off.

No Surprise Here

A fascinating, eccentric critter this stock market is. Today, prices dropped sharply after the Federal Reserve voted to raise overnight interest rates another quarter-point (to 3.75% on the key federal funds rate). Yet the Fed’s move should have come as absolutely no surprise.