Pending Home Sales for October rose 0.2%, which is a positive number to be sure, but under the 0.7% increase expected. A pending sale of course is home under contract but not yet closed.
The Jobs Report is coming up on Friday where it is anticipated that non-agricultural employers will have added 196,000 new jobs to our labor force last month. Being employed is great since the National Retail Federation reports that 150,000,000 people did some holiday shopping last weekend. I bought a Christmas tree so I suppose that I am part of that number.
