Chanel shows off some fancy numbers, the crazy history of the Dow and GE, and housing for Millennials has a hero

Summary: General Electric is shrinking from XL to a M (at best) now that’s it not in the Dow. Lennar Corp is benefiting from a huge housing shortage as it chugs out 12k new homes per quarter for Millennial first-time home buyers. And Chanel needed to kill rumors that it’s lost its mojo by showing off its earnings for the 1st time ever.​