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More Positive News for the Economy / Real Estate

This just out from the Associated Press:

 

Stocks Surge; S&P 500 Turns Positive for 2009

"Another big rally on Wall Street has erased the losses suffered by the Standard & Poor's 500 index this year."

"Gains in housing, financial and materials stocks pushed the S&P up 3.4 percent Monday"

"The rally came after the National Association of Realtors said its index of pending sales for previously occupied homes rose 3.2 percent to 84.6. That was well ahead of the 82.1 economists had been expecting and the second month of gains after the index hit a record low in January."

 

Let's all just stay positive and this economic mess will eventually be behind us - hopefully sooner than any of us expected!

 



http://www.palmbeachrealestateandloans.com/004DB8
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Posted on May 04, 2009 17:37:40 by Marc.Blasi - View Profile
Posted in Palm Beach

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