Existing Home Sales UP over 5% in February

Existing home sales increased a reported 5.8%.  A big jump for the troubled sector.  That, combined with J.P. Morgan’s five-fold increase in its bid for Bear Stearns, and the stock market reacts!  Many feel we may have seen the bottom of this short-lived economic stumble.http://www.reuters.com/article/businessNews/idUSN2431163120080324?feedType=RSS&feedName=businessNews 

Tags: economic news, good economic news, housing sales, stock market, wall street