Events of this week:

What to watch the next week:

  • We have a big housing week. Expect existing home sales so-so, inventories on the rize. Expect new home sales below expectations
  • Meritage Homes and Pulte Homes report
  • Watch REITs. Panic with CMBX-NA CDS indexes may put them down. Watch CMBX index at markit.com
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