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All Change In Real Estate?

Lost amid the euphoric scenes coming to us from the Egypt was today’s release by the government of its suggestions for change in the structure of US housing policy. It seems that big changes lie ahead for the US housing market, with many of the results of those changes very uncertain. The primary basic thrust […]

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Quick Comment: Trade

Today’s report tells us that the US trade balance worsened 5.9% in December to $40.6 billion, which ends a period of improvement and could potentially slow down overall growth early next year. The biggest shift came in oil, where imports and price increases drove the imbalance to its highest since October 2008. Overall for the […]

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Quick Comment: Jobs

It’s been a quiet week for fresh data, but today’s weekly report on new claims for unemployment assistance is worth noting. For the first time since 2008 we have claims below 400,000 – they came in at 383,000 last week. It’s too early to breath too easily, we need many more such weeks, but this […]

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