UPDATE: Home builders are optimistic for first time in six months
UPDATE: Realtors, builders, bankers placing big election bets
Just as the economic outlook was not as rosy as perceived a few months ago, it's not as dire as the data suggested this week, writes Morningstar's Bob Johnson.
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With no tapering imminent, housing stocks rallied on Wednesday. For those who see more upside from here, this ETF offers the purest exposure to U.S. housing stocks.
Slowing global industrial activity presents compelling long-term investment opportunities among a handful of companies.