U.S. Home Sales Will Help Support Economy

U.S. Home Sales Will Help Support Economy Play

June 26 (Bloomberg) -- Michael Shaoul, the New York-based chairman of Marketfield Asset Management, talks about the outlook for U.S. stocks and the nation's economy. Demand for new U.S. homes rose more than forecast in May as mortgage rates dropped, bolstering the residential real-estate market while other parts of the world’s largest economy cool. Shaoul speaks with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

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