WASHINGTON (Reuters) - New U.S. single-family home sales fell unexpectedly in October and prices dropped to a seven-year low, a government report showed on Wednesday, pointing sustained weakness in the housing market following the end of a home-buyer tax credit. Analysts polled by Reuters had forecast new home sales rising to a 310,000 unit pace in October. Compared to October last year, sales were down 28.5 percent.
The clowns continue to get it wrong. You could have walked on the sidewalk on any street in America and asked 10 random people if they thought houses were going to be selling in October. None of them would have said yea. Analysts are useless. Get rid of them. Smoke 'em out if they won't leave because none of them are going to walk away from a bullshit job on their own volition. Alas, that will never happen because the system is broken and a broke-ass system needs its army of touters, patzers, and imbeciles to continue marching.
The clowns continue to get it wrong. You could have walked on the sidewalk on any street in America and asked 10 random people if they thought houses were going to be selling in October. None of them would have said yea. Analysts are useless. Get rid of them. Smoke 'em out if they won't leave because none of them are going to walk away from a bullshit job on their own volition. Alas, that will never happen because the system is broken and a broke-ass system needs its army of touters, patzers, and imbeciles to continue marching.
No comments:
Post a Comment