Stocks Higher. Housing in Question.
The stock market was considerably higher today as trading moves into the third week of 2005, and past the post year sell off, which brought the broader markets lower for many of the trading sessions in 2005. The Dow was up 70 points today. Another boost for after hours trading was better than expected results posted by IBM and Yahoo.
The other area of the economy that is still in question is housing. The past five years have brought extraordinary, if not unrealistic gains for housing. The question remains whether this has created a real estate bubble that is about to burst and destroy many who have staked their fortunes on real estate's siren song of eternal gains.
For more details on these economic issues follow the links below:
Stocks Rise Again
Housing's Big Question
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