Surprise, Surprise, Surprise….
Two months ago, it was:
March gain of 13.8% the biggest in 13 years, showing surprising strength in housing market
One month ago, it was:
Sales of New Homes Jump Unexpectedly
And today:
Sales of new homes increase unexpectedly
How many consecutive months does the same thing have to occur before they stop being surprised? They just absolutely refuse to believe that the economy might actually be humming along with some strength. They’ve convinced themselves that the economy is terrible and they’ve been working hard to find evidence to support their position. So inevitably they’re surprised when the evidence appears to the contrary.
What’s next? Daily headlines declaring MSM’s surprise that the sun rose today… again?











