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The Housing Market ‘Is Crashing,’ Says KPMG Chief Economist (rare truth-bomb allowed on MSM)
Everything is NOT beautiful with the US economy.
Another crack in the dam (US economy) is buyer traffic for new homes. They are now down -64% since last year (YoY).
Of course, The Federal Reserve is removing its massive monetary stimulus. BUT commercial bank deposits have declined the most since 1973.
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