Lee’s Free Thinking

Wall Street Examiner exclusives

US Home Sales Fell Sharply in February

Contracts for the sale of existing homes posted their worst February performance in 5 years. The NAR calls this “Pending Home Sales.” Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction…

Federal Reserve Profits Cut 60% As Fed Uses Your Money to Subsidize Big Banks

Federal Reserve profits have plunged by 60% as the Fed increased the interest it pays to banks on excess reserves (IOER). That profit, technically a surplus, is paid to the US Treasury every month. That payment effectively reduces the Federal government’s budget deficit that must be covered by taxpayers. Follow the money. Find the profits!Liquidity…

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