Monthly Archives: July 2009

MARKET UPDATE:  This morning equities rally on positive earnings reports.  The existing home sales report for June increased in line with expectations at an annualized rate of 4.89 million.  Initial jobless claims also increased from last week, but was also … Continue reading →

Good morning!   MARKET UPDATE:  According to the latest economic data, which was just released at the bottom of the hour, housing starts during June totaled 582,000, which was more than the 530,000 starts that were expected. Meanwhile, housing starts … Continue reading →