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Re: The Latest Housing Data Is Bad News for People Predicting Recession 

By: DGpeddler in FFFT3 | Recommend this post (1)
Tue, 26 Jul 16 11:45 PM | 57 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 22756 of 65535
(This msg. is a reply to 22754 by clo)

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And what happens when 70% of those
loans go into default?




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The above is a reply to the following message:
The Latest Housing Data Is Bad News for People Predicting Recession
By: clo
in FFFT3
Tue, 26 Jul 16 11:40 PM
Msg. 22754 of 65535

The Latest Housing Data Is Bad News for People Predicting Recession
No need to lose sleep over this.
Julie Verhage Siddharth Verma

July 26, 2016 — 12:04 PM EDT

While some think a recession could be looming for the U.S., fresh housing data says the opposite.

Purchases of new U.S. single-family homes just hit their highest level in more than eight years, representing what Wall Street is calling a strong market.

more:
http://www.bloomberg.com/news/articles/2016-07-26/the-latest-housing-data-is-bad-news-for-people-predicting-recession


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