17/05/2016 - 06:21

US housing market remains stable, but is Australia currently in over-supply?

17/05/2016 - 06:21

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Good Morning, US Stocks rallied last night (Dow + 175 points), as crude oil rallied on the back of stronger retail sales (released Friday), while Apple finally broke through its recent downtrend, following Warren Buffet’s move to potentially buy the stock… Every time Buffet opens his mouth, he impacts the market in some shape or form.… incredible…  However, analysts believe that the rally is “short-lived” as US earnings are now out of the way, paving way for focus to turn to macro-data, including whether central banks will continue to stimulate the economy…  Housing data released last night showed that the US housing market, is holding up well… but what about AUS?

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