Spare Us the Good News

You mean to say that the housing market fluctuates, instead of flagging before an ignominious, hubristic collapse? Now that the "growing consensus" predicting an economic slowdown has been shown to be in error, Martin Crutsinger, market journalism's own Joe Bfstplk, tacks:

Sales of existing homes unexpectedly rose last month as a warmer than usual winter boosted demand in many parts of the country, but a slack demand in some areas produced what one analyst called a "tale of two cities."


Bless that man for perspicuity not seen beyond Corinth! Remarkably, the Associated Press can still feign surprise at votes of low confidence among consumers who read its reports.

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