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New Home Sales: A Weaker Trend?
December new home sales are unexpectedly weak, falling 7.0% (Consensus: -2.0%; Decision Economics: +3.4%) from a prior-month level revised down by 4.1%. Weather does not appear to have been an issue, with the Midwest actually showing a 17.6% sales increase–though on the heels of a 27.1% drop last month.
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts are the read more
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