Existing Home Sales Drop 6th Consecutive Month
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
Hard hitting global and local news
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
China “only” had 6.5% growth, missing targets. I wonder if growth is really closer to 3%
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Mario Draghi warns “Undermining EU budget rules carries high price for all”. Italian bond yields surged.
There has been a lot of commentaries recently about the steepening yield curve. Let’s investigate with pictures.