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September 8, 2010 10:12 AM EDT
Jobs Take Center Stage

 

It was a busy week, and a very telling week. What moved the market down were housing data, jobs, and consumer confidence. What brought the market back was the implication that core business was holding firm. First and foremost, housing was hammered. New Home Sales fell 11.2%. Existing Home Sales fell 7.2%. Home prices fell 1.6%. Mortgage applications were off by 8.5%. To top it all off, there was a report from CoreLogic saying tha... full story >>


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