The Stay-Put Economy
Why US housing sales can slump while prices hold firm, and where the economic value moves when households stay put.
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Why US housing sales can slump while prices hold firm, and where the economic value moves when households stay put.
A rate increase is neither an automatic equity warning nor proof of strength. Earnings, inflation and productivity determine which story investors are living through.
Why the Reserve Bank of Australia faced a difficult rate decision, and what the subsequent move tells us about currency, banks and households.