Friday, May 27, 2011

It's The Economy Stupid: Home Sales

Pending Home Sales (Month on Month) -11.6%, prior period was 5.1%
Pending Home Sales (Year on Year) -26.8%, prior period was -11.5%

Oh oh Buckweat!  So, using my powers of astute observation, my superior intellect, and my intimate knowledge of the Cajun dialect, I would say that those numbers should be described as “Poowee!  Dat’s bad, bad, bad, yeah!”

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