First Trust Advisors chief economist Brian Wesbury on the current intensity of the housing downturn, the European sovereign debt crisis, unemployment, and consumer confidence.
Lower interest rates, better consumer confidence, and recent results at Toll Brothers suggest the homebuyer credit isn't the only thing underpinning better housing results.
Choice Hotels CEO Steve Joyce has been pleasantly surprised by the strength of leisure travel in the second half of 2010 given the elevated unemployment level.