Article Image
News Link • Economy - Economics USA

More Brilliance From San Fran Fed: Existing Home Sales Tumble Blamed On "Rising" Rates

• zerohedge.com

In recent weeks the San Fran Fed has regaled us with such brilliant rhetorical questions: "How Important Are Hedge Funds In A Crisis" (after spending an unknown amount of taxpayer funds, it uncovered that the answer is "Very"), and "Is It Still Worth Going To College" (after spending even more taxpayer funds, its conclusion was "Yes", even though a subsequent Pew research study showed that the net worth of young college educated households with debt is below that of high school grads without debt).

Today, it stuns us with even more sheer brilliance in attempting to explain "The Slowdown in Existing Home Sales."

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


GoldMoney