Bonds are continuing their surprising ascent, in spite of plenty of fundamental reasons in oposition with this move. For me it was great AND surprising to see the market move toward bonds in spite of the S&P move yesterday. This is exactly what I would have expected in a normal environment. But I have come to expect that nothing expected will happen.
Builders are showing some signs of life finally....although we are still at 50 year lows, it is nice to see a pulse, right?
The move up has been a bit sharp and I dont love the way the chart looks. Although I now believe we could test the old highs, I would like to us build a foundation between 101.90 and 102.20 first.
Have a great day
When buying for the first time, there may be a number of details in the houses you are looking at, which you may not pick upon immediately or even be aware of. Always take an experienced home buyer, such as one of your parents or a home-owning friend, when looking at property. If this is difficult to arrange, make sure you, at least, get some assistance once you have selected a property you like, and are arranging a second viewing. An experienced set of eyes will be a great asset to you.
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