Stock Market Lags 1 Year Behind Housing Market

“…with a one-year lag… the correlation between current builder confidence (NAHB) and future stock market (S&P 500) returns over the past ten years is downright unnerving. ”

http://money.cnn.com/magazines/fortune/fortune_archive/2006/11/13/8393160/index.htm


Chicken Smith View:
See the chart!!!!

The one year mark is almost here… and the blue line will be following the red line… right about… now!

Here’s what our friends across the pond think about the American Economy: http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2006/12/07/do0702.xml

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