FBC Markets Now July 24, 2013
That weighs on Consumer Confidence and Consumer Spending and you are talking about home sales. Lets not forget, however, that to an unprecedented extent, this recovery by home sales is being powered by private investors and by foreigners with a lot of cash, and in fact never before have we had a situation where one third of the homes purchased has funded entirely with cash. The president is talking about how Government Spending creates jobs cash is something that ignites this. In regards to over...
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