FOMO rallies turn into brutal bull traps… Bears are consistent, open lower and continue to pound the index lower all day.

Sharing is Caring!

”A sharper downturn in residential investment is now underway,” the Fannie Mae FNMA, -2.21% economist said, adding that he’ll revise downward his own sales projections.

www.marketwatch.com/story/fannie-mae-chief-economist-says-u-s-housing-market-has-finally-turned-a-corner-a-sharper-downturn-in-residential-investment-is-now-underway-11653415119?siteid=bigcharts&dist=bigcharts

See also  EU resolve will continue to fade as “Russian” sanctions are mostly shouldered by European citizens in the form of higher food/energy prices. Italy is already calling for a ceasefire & Macron urges caution.
See also  ‘Sharpest slowdown in more than 30 years’: Australian house prices continue to see widespread falls
Help Support Independent Media, Please Donate or Subscribe:
Trending:

Views: 37

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.