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Economy

“It’s the economy, stupid.” Biden must be removed from office.
On Friday, the Dow Jones Industrial Average dropped to its lowest level since 2020. “The Dow” represents 30 of the most highly capitalized and influential companies in the U.S. economy, which makes it the financial media's most referenced U.S. market index. It’s seen as a good indicator of general market trends. That indicator…
Can We Call it a Recession, Yet? Central Bank Set to Raise Rates as Atlanta Fed Predicts Third Quarter of Shrinking US GDP
How are Yellen and the Biden Bunch going to spin this one? From Reuters on Wednesday, "The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising mortgage rates are increasingly weighing on the interest-rate-sensitive housing sector…

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