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Category Archives: Main Page
First time home-buyers held back by 1 trillion in student debt (not to mention their car loans and credit card debts)
First time buyers are a necessary cohort to allow other buyers to move up in the housing market as well as those trying to downsize. Ballooning student loan debt is a secular headwind keeping money out of housing. Here is … Continue reading
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60 Minutes: Newton families on gun control
Families of Newtown victims want the tragic memory of 12/14 – the date of the Connecticut massacre — to spur new gun control legislation in the U.S. Scott Pelley reports. Here is a direct link.
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ECRI’s Achuthan: recession will cause Fed to rethink exit strategy
After Friday’s disappointing jobs report, JP Morgan Fund’s David Kelly and the Economic Cycle Research Institute’s Lakshman Achuthan debate what it means for the economy — are we entering another recession? Achuthan explains that data says yes. Not surprisingly, Kelly–JP … Continue reading
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