Episode 92 Robert Young: 7 June #2 Health Indicator of the Economy (Recession): Housing Sales - " Glass Half Full" Realized

Friends,Often, Life is about Perspective - which is why the phrase, "Glass Half Full" exists. Is Data giving us Good News or Bad? Sometimes it depends on your perspective. Since 12% of the Economy's GDP (think of GDP as money flowing through the Economy) is generated in the Housing Sector from the purchase / sale of a New or Existing Home and all of the ancillary purchases (i.e. – spending) created by the purchase, this sector is the 2nd most important indicator when gauging the Health of the Economy and ultimately...The Market.Let’s just say, we’re leaning toward the negative perspective in our view of the Glass these days… Robert