Thursday, June 13, 2013

If There Is A "Housing Recovery" Then This Chart Can't Be Right

If There Is A "Housing Recovery" Then This Chart Can't Be Right | Zero Hedge:
"Let's start with the oldest economics joke in the book: "assume there is a housing recovery."
Ok, let's assume that.
So, applying logic, wouldn't consumers be actively buying furniture for their brand new homes, instead of furniture sales not only declining for the past year but posting the first negative print since January 2011"

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