After rising for 11 months, homebuilder confidence slipped.
Home builders are feeling optimistic about the housing market in December.
The upward trend in home prices continues, providing some hope for a recovery.
There’s a great piece on the New York Times’ website, NYtimes.com, if you’re from under a rock, titled “Why do we still care about the Dow?” by Adam Davidson of Planet Money fame. The Dow Jones Industrial Average is a closely watched index but is comprised of only 30 giant companies. Here’s how the index
You probably don’t need an official confirmation to know there’s a lot of anxiety in the stock market right now. But here’s one anyway: It’s called the volatility index, (VIX) and it indicates the price investors will pay to insure themselves against big market moves. It’s traded on the Chicago Board Options Exchange, and reached