Can the economy improve?

The housing market is in shambles (click on the chart to enlarge it).

The inventory of unsold homes increased again. Can the economy improve without the stimulus created by a firm housing sector?

Note how the end of every recession was accompanied by rising home sales. Not this time.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest

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