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Global
The average person doesn't know what the Fed is, or what it does, and President Trump has not helped in that regard. Instead of explaining to Americans that we're in a massive artificial economic bubble created by the Fed, the President has opted to
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Global
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
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In what may be the deadest canary in the commercial real estate coal mine yet, Bank OZK shares have plunged 26% today after the bank reported abysmal third-quarter earnings that trailed expectations...
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With US homebuilder stocks having their worst year since 2007, hope is high that September will show the long-awaited rebound in home sales (despite a soaring mortgage rate).
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Many are claiming that this time will be different than the last. This should concern just about everyone.
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It's no surprise that China has its own plunge protection team - but why were they so late? - now that Beijing blames its problems on Trump's tariffs.
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Food For Thought
Today, our nation has sunk into insolvency, and a serious financial day of reckoning is fast approaching. The governing class in Washington D.C., (in both parties) continues to load us and our posterity with perpetual debt and servitude. Most America
