The budget deficit is like gaining weight. You are not really aware of it until at some point, all of a sudden you can't do what you want to do because you are heavier. Interest rates go up and slow things down. Then you go to your check up and the doctor
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Mortgage purchase applications continue to track downwards, suggesting that most of the expected pop in housing sales in January was weather-related.Brian Bethune
New auctions will satisfy an unusual coincidence of needs on the supply and demand side of the fixed-income debt markets.
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This sets the stage for a modest consumer expenditure growth slowdown in the fourth quarter, providing support for the Federal Reserve's very gradual approach to adjusting rates,
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We're definitely going to see a very strong first quarter. It looked like consumers were hibernating in December, and all they needed was an excuse to go on a spending spree. The weather provided that.
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That was a gust of wind in the spinnaker.
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There's so much momentum coming early into this quarter that an excellent quarter is just baked in the cake.
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The principal cause of war is war itself.
C. Wright Mills