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The Housing Numbers Are In And They Are Not Good


The news from home sales show the housing economy isn't are strong as we thought. Home sales from July fell 13.4% compared to the expectations of many economist who predicted no more than a 2.0% drop. While the numbers from June went from what was thought to be a 8.3% growth shrunk down to just a 3.6%. In the wake of this new gold and bonds are surging, while investors run back from cover in search of a safe place to put their money. 

This is just more reason and ammunition behind the notion that investors are moving their money to the European stock markets because they side of the world seems to be on a recovery that is more stable and.