Fast Facts

With New Data Showing Housing Sales Slowing Here’s Why You’ll Want To Be In Cash

Housing Sales and Inventory

NAR data on housing sales showed the largest July decline since 2011, cutting the annual sales volume growth rate by 47% since March. However, while the growth rate is slowing, total sales volume was the heaviest for July since the peak of the housing bubble in 2005. Heavy but declining volume is a warning sign that you should heed. Using the…

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Fed Opacity is Suffocating the Markets

Fed Opacity is Suffocating the Markets

Market observers continue to give short shrift to the fact that the Federal Reserve is the perpetrator of the “Red Wedding” in the markets. The Federal Reserve doesn’t trust the markets. It thinks it knows better than the markets how to set the price of capital and create the conditions for economic growth.