And just as lower interest rates can boost earnings and drive the business cycle upward, higher rates can turn the business cycle lower and put the earnings trend in reverse. (newtraderu.com)
While combined new and existing home sales in June fell to a fresh cycle low of 5.4 million annualized units, and are now down roughly 35 per cent from their late 2005 peak, the rate of decline has moderated since the spring. (remonline.com)
Last month when home sales missed estimates, we heard the howls that an inventory crisis was preventing sales from rising, even though sales for the previous months were the highest in the cycle with inventory at cycle lows. (loganmohtashami.com)