Homebuilders are Fine. Everyone Back in the Pool

By Paul Kedrosky · Wednesday, August 27, 2008 ·

Just in case no-one else has noticed, apparently all is well with the homebuilders. After spending the last few months in the doldrums (and spiking way up earlier this year), the S&P Homebuilders SPDR is now almost back to breakeven for the year.

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I guess everything’s now okay. Build on!