Schwab Chart: Builder Confidence vs. S&P 500
Schwab Chart: Builder Confidence vs. S&P 500
(via calculatedrisk.blogspot.com)
Nice explanation of how even "experts" (like Schwab, CNN Money) can present misleading information. In this case, something called "forced correlation". More evidence supporting the argument that you should always do your own research.
Home Building is accurate
I think this holds true - somewhat.
If the economy is in the dumps, people obviously aren't going to splurge on building a home.
What I don't like is, how can builders forecast demand?