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Economy - Economics USA

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https://www.zerohedge.com, By Tyler Durden

Existing home sales were the odd one out in March (falling as new- and pending-home-sales spiked) but expectations were for a catch-up rebound in April, but did not, dramatically missing the expectation of a 2.7% rise by dropping (again) by 0.4% MoM.

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https://www.zerohedge.com

But what will happen to banks and automakers when the cycle turns? Serious auto-loan delinquencies - 90 days or more past due - jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to New York Fed data. Th

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