Wells Fargo CEO: Housing no longer leads the recovery

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Wells Fargo said younger households are driving the resurgence, with urban population growth outpacing suburban growth during the first four years of this decade, reversing a trend that had been evident since World War II. "As winter turns to spring, some of the headwinds that have slowed the housing recovery appear to be abating," Vitner said.

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Wells fargo (wfc) ceo john stumpf said at the National Press Club in Washington D.C. on Wednesday that he is "optimistic" on the economy and "bullish" about the future. Per MarketWatch.

JP Morgan (JPM) and Wells Fargo (WFC) both report third-quarter earnings tomorrow morning.. Wells Fargo to Lead Off Bank Earnings: Expect Decent Numbers, Great Theater. The housing recovery.

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The National Association of Home Builders/Wells Fargo. of the housing slump of the early 1990s, he said. “At the outset of the recovery, the publics will gain some share,” Reichardt said in a.

The article What Wells Fargo Says About the Housing Market originally appeared on Fool.com. Jay Jenkins has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo.

Long-term unemployment has also remained elevated throughout the recovery. Among the unemployed, 40.6 percent have been without work for 27 weeks or longer. At the same time, the housing market. of.

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