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Disclaimer: Do you own investment research, this newsletter is for entertainment and informational purposes only. The author is not responsible for any losses incurred. What you are reading is not investment advice.

Linked Reuters article: U.S. existing home sales drop sharply; prices surge | Reuters

Higher mortgage rates as predicted in the Econ Club December newsletter issue could spell trouble for home prices. However, potential “Yield Curve Control” enacted by the Federal Reserve to keep the 10yr Treasury rate artificially low and negative in real terms, could extend this record rally. An influx of Federal Reserve liquidity has propped up…

Kevin Habek

I enjoy breaking down financial and economic trends.

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