The Ticker
Wall Street places big bets on housing industry
1/10/13 12:37pm
Wall Street is hitching its bullish hopes for 2013 to an unlikely star, believing that a real estate industry that led the economy into the abyss is what ultimately will carry it back out.
While hopes that housing is about to turn a corner aren't entirely new, the extent to which optimistic stock market forecasts are pinned on the mercurial sector is striking.
