A recession is coming? Nobody told housing stocks
from Market Watch
The last U.S. recession in 2008 was triggered by imbalances in the U.S. housing sector, but if there is another downturn in the near future, it may happen in spite of the market for residential real estate. Equity investors have been spooked by a series of bearish reports on the U.S. economy in October, including surveys from the Institute for Supply Management that show the American manufacturing sector contracting and the services sector slowing significantly.
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