Saturday, March 24, 2007

Just The Facts Please

Here are some interesting statistics from Larry Kudlow's latest show also posted from his blog Link Here

Kudlow's February's Facts that shows the "Goldilocks" economy is still in play:

- This week stocks had their best peformance in 4 years

- 152,000 jobs were created in the U.S. just slight below the last 6 mos average

- Industrial Production was up 1% last month alone

- Housing starts were up 9%

- The National Association of Realtors reported existing home sales were up 3.9% , the largest monthly gain in three years and the third consecutive monthly gain.

- The National housing affordability index is the most affordable in 2 years

2 comments:

Jeff S said...

I just wanted to thank you for creating this blog. I saw your post on the Matrix blog about the bubble bloggers, and found it refreshing. It's good to know not every blogger on this subject is a Cassandra.

Dr. Brightside said...

Jeff-

Thanks for your comments. Yes, the bubble bloggers are a malcontent bunch. It's always darkets before the dawn is all I can say. The market peaked in Aug '05 so were close to two years in this thing. We are what we believe so if we breed fear it consume us, if we breed optimisim it will help us all.