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  • Wall Street Breakfast: Must-Know News [View article]
    it's up 11% from May, not from streets consensus. 3'rd up month.
    the lower sales level/recession is appropriately reflected in financial and real asset prices this year vs.last


    On Jul 28 08:36 AM futurestrader wrote:

    > New home sales came in at 384K in June, up 11% from May, vs. consensus
    > of 350K. Sales were down 21.3% vs. the previous year. The median
    > home price of $206,200 was down from May's $221,600.
    >
    > Does anyone else see the problem with this statement. Up 11% vs
    > consensus!! Who cares about consensus!!! This is the same magic show
    > that corporations are trying to pull..We beat the street..YYAAAYY!...oh,
    > by the way (in fine print) we are down 50% YOY...give me a break..Im
    > surprised wall street is buying into all this BS
    Jul 28 15:08 pm |Rating: +1 0 |Link to Comment
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