Dubious Indicators

Seeded on Thu Jan 31, 2008 3:49 PM EST (I Am An Investor.com)

We now have 60 Minutes talking about the Housing Bust, and Newsweek talking about the "Recession. Historically whenever these two media outlets take note of something involving the Economy, they are always the last ones to the party.

economy, stocks, real-estate, us-news, recession

Study Shows Real Estate Sales Data Being Used Could Be Off By 120% Or More Nationwide

Seeded on Tue Jan 29, 2008 1:16 PM EST (I Am An Investor.com)

The Real Estate Data being used by most of the financial media and in many economic reports could be off by at least 120% in many areas and in one major metropolitan area, the number used for home sales could be off by a whopping 374% (see chart).

business, economy, stocks, real-estate, earnings, finance, banking, recession