New single-family home sales declined 3.5% in September to a 0.959 million annual rate, lagging the consensus expected 1.025 million. Sales are up 32.1% from a year ago. Sales fell in the Northeast, South, and Midwest, but rose in the West. The months’ supply of new...
Under Construction …
You have likely heard by now that the founder of Camelback Wealth Strategies, my father Bill Beamon, died on September 19, 2020. As I was going through his computer after his death, I came across a document that he wrote back in 1998. To the best of my knowledge it...
COVID lockdowns crushed the economy in the first half of 2020, with real GDP down 5.0% at an annual rate in the first quarter and 31.4% at annual rate in the second quarter, the latter of which was the steepest drop in real GDP for any quarter since the Great...
