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By: pgl

“The consumer, primarily thanks to lower mortgage rates, is keeping the economy going.” Maybe but real residential investment is also falling: https://fred.stlouisfed.org/series/PRFIC1 Real Private...

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By: Bert Schlitz

I am not seeing it. Housing is moving sideways and so is manufacturing, increasingly likely Ford and GM over produced for the strike, but even that will only produce a glide down. If industrial...

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