US Existing Home Sales: Largest gain on record unable to move markets

Sales of previously occupied homes climbed 20.7% from May to June while mortgage applications rose 19% in the last week, rates near historic low. Jose
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US economy poised for a double-dip recession – Ex-Morgan Stanley’s Roach

In an interview with CNBC, late Wednesday, former Morgan Stanley Asia Chairman and Economist Stephen Roach warned of a likely second recession for the
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