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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Entertaining or not, cam is probably right. gaijinda, some have presented an alternative of stagflation. We could see asset deflation with higher consumer pricing. However, a deflating housing market will deal a heavy blow to the economy and may negate some of this current inflation. There are already reports of a massive drop in home equity extraction, and that is sure to slow consumer spending.
The next 2 weeks will foretell the next 6-12 months. Housing numbers are expected soon. Will the stock market rally from this recent haircut?
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