A while back we shared ideas about the market’s direction. The consensus was that none of us knows where the market is headed, and a few of us don’t even care (to the extent we are long with nearly all investment positions). But what about the housing market?
Recent data appears to be a mixed bag. Home sales were up over the last month, but that period included what I believe amounts to artificial demand in the form of a home buyer tax credit. The problem with artificial demand is when it comes to an end, and if other external factors haven’t improved, you risk seeing even worse problems than if no stimulative action had been taken to begin with.
The Frugal Roundup
Getting Things Done: A New Practice For a New Reality. Trent gives some great advice on how he handles multiple hats. (@The Simple Dollar)
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