Recovery? Genius!.............from Rico

Recovery?

Home sales reached a 15-year LOW in June. What then do you call this just-reported 27.2% DROP from that?
- I'd call it the 'bleeding edge' of the next leg downward.

A 'normal' housing market has about a six-month supply of homes. THIS market has a 12.5-month supply.

Still not convinced something is amiss? Still believe the Government can 'save' us?
- Biden (of "summer of recovery" fame) the GENIUS of modern time has just said "we're moving in the right direction."

NO we are NOT.
- Moving hard-left is NOT the right direction any more than downward is...what a 'maroon' (h/t Daffy Duck).