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Good News Caps The Misery Index In A Record Economy
Four years of rising home costs reversed by lower inflation and rates boost home ownership. April single family home sales hit 862000 annual rate, after 893000 in March, third fastest pace since 1962. Economy shows 43 straight months of expansion, 250000 jobs per month on average, venture capital near 2.5 billion, high business starts, and a booming stock market with energy prices down and a shrinking trade deficit.
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