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!
Tuesday: NY Fed Mfg
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Fall Back Below 7%
Last Friday was notable in that it was the first day ...
3 hours ago
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