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Existing home sales utterly crashed in January. Yes, January is not a great month for real estate shopping and there was obviously less than ideal weather, however those don’t explain the 8.4% plunge in transactions. Analysts who were already factoring those other excuses only thought there would be a modest impact from them, not the biggest monthly drop in housing in four years. So much for that supposedly strong payroll report. Eurodollar University's Money & Macro Analysis ---------------------------------------------------------------------------------- What if your gold could actually pay you every month… in MORE gold? That’s exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month. Check it out here: https://monetary-metals.com/snider ---------------------------------------------------------------------------------- NAR Existing-Home Sales Report Shows 8.4% Decrease in January https://www.nar.realtor/newsroom/nar-... Household Debt and Credit Report https://www.newyorkfed.org/microecono... Where Are Mortgage Delinquencies Rising the Most? https://libertystreeteconomics.newyor... https://www.eurodollar.university Twitter: / jeffsnider_edu