Succinct Summation of the Week's Events

Succinct Summation of the Week’s Events:

Positives,

1)The June NAHB home builder sentiment index rose 5 pts m/o/m to 55. The estimate was 51. That's the most optimistic since one year ago with both the Present and Future components rising above 60. Prospective Buyers Traffic continues to really lag as it was 37, well below 50 but up from 33 in May. The NA…