theFrontSteps – San Francisco

Painful: The Commerce Department said on Wednesday housing starts dropped 10.6 percent to a seasonally adjusted annual rate of 529,000 units, the lowest level since April and the percentage drop was the biggest since January. Financial markets had expected starts to rise to 600,000 units. September’s housing starts were revised upwards to a 592,000 unit [...]

So we gave you Deep Thoughts already today, but deep thoughts are usually followed by dark thoughts, so why not give you some of them too. From a stock guy to us investors (in stocks): About the market: My primary thesis is that we are now into one of the primary home selling months, May, [...]