Deluge of mortgage interest rate resets ahead
"The ARM resets will hit hard the subprime borrowers and therefore we have a huge amount of trouble ahead of us," said Torsten Slok, senior economist at Deutsche Bank in New York.
The Election and the Economy
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After the election in November 2016, I wrote The Future is still Bright!
and The Cupboard is Full. I pointed out that there were many tailwinds for
the eco...
3 hours ago
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