When mordant wit Dorothy Parker was told of the death of Silent Calvin Coolidge, the taciturn chap who made money talk most eloquently in The Roaring Twenties, she reportedly responded by asking, “How could they tell?” Ms. Parker’s birth
The S&P 500 (INDEXSP .INX) crawled out of a holeon Friday following weaker than expected housing data. This morning, July new home sales came in at 394K, which was well below the consensus estimate of 487K. Additionally, last month’s