Some Ugly Headlines

There are a lot of ugly headlines today.

Homebuilder confidence posted its biggest drop on record. The number fell from 72 to 30. Expectations were for 55.

Retail sales fell 8.7% last month. That’s also the biggest drop on record which goes back to 1992.

Industrial production had its biggest drop since 1946. Last month, IP fell 5.4%.

The Dow is currently down 600 points.

Posted by on April 15th, 2020 at 10:53 am


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