ChiNext analog points to a new low and bounce, but if no one want to be long over Spring Festival, selling could commence early.
Whatever happens in the next couple of trading weeks, the analog points to trouble in March and not ending until at least early summer. Given the scale of forecast decline, it will likely be global in nature, possibly another drop in the yuan.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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