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Thursday, May 28, 2009
No Recovery For Mortgages
Posted by
Tyler Durden
at
10:59 AM
Just as the futures buying hand starts gobbling up them spoos on the horrible housing and mortgage news, mortgages fail to stage any recovery. But please, keep equities artificially high - money out of treasuries into equities, on the road to 7% mortgages, is exactly what the doctor ordered.
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