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4th Quarter GDP Lower and PCE

…GDP deflator, was computed from the weighted price changes of each of the GDP components and applied to their current dollar change… Remember that the GDP press release reports all quarter over…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label