Oil 1, Housing 0
Despite having rudely forced its way into the Fed's and government's attention spans, the US housing crash appears no more likely to be resolved any time soon than the soaring price of oil.
Score so far: oil 1, housing nil. Bring on the S-word cheerleaders.
Two bits, four bits, six bits, a dollar!
All for stagflation stand up and holler!
FOMC Preview: 25bps Rate Cut Expected
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Most analysts expect the FOMC the reduce the Fed Funds rate by 25bps at the
meeting this week, to a target range of 4 to 4 1/4 percent. Market
participa...
10 hours ago
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