An eye-popping runup in homebuilders stocks could foretell a better housing market than many expect, but risks still loom, says Morningstar's Bob Johnson.
A doubling in housing starts off the bottom coupled with several knock-on effects from a stronger home market will give the economy a sustainable--but not explosive--boost, says Morningstar's Bob Johnson.
Industry headwinds could slow down some companies, but further central bank moves and improving housing data offer the economy much-needed support.
Data and results this week helped us size up our hopes for better days ahead in the EU, consumer spending, the housing market, and more.
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