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Note: The article written below is not meant to defend the actions nor advocate the interests of the American banking system in regards to the real estate market, or the financial markets as a whole.
Occasionally I read a piece [...]
This week, we had economic data coming in that reported much higher jobless benefits claims than had been expected. Over 573,000 claims were filed, nearly 50,000 than the benchmark estimate that economists had predicted. Of course, economists being wrong is by and large as reliable an event as the sunrise, so interpret that statistic as [...]
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