The stock market rebounded slightly today, comforted, in part, by the slight increase (5%) of housing starts for May. Some analysts are using this is an indication of a soft landing. It is far more likely to be indicitive of a crash - here’s why:
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The stock market rebounded slightly today, comforted, in part, by the slight increase (5%) of housing starts for May. Some analysts are using this is an indication of a soft landing. It is far more likely to be indicitive of a crash - here’s why:
In a letter to the editor of the Arizona Republic published today, Stephen Pauken wrote his objection to Saturday’s “How Low Will it Go?” article. In the article, the AZ Republic painted a somber picture of the Phoenix market, saying that prices in the Valley could go down 10%. Mr. Pauken stated his objections as follows: