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s that tapering I see at the end of the Fed balance sheet line?
Split between MBS and treasuries is there so they on nominal basis buying less but still buying so the growth of balance sheet would slow down but still in there.
At this point if you're looking at the first rate hike toward the end of 2015 or start of 2016
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Miss Housing Nirvana Cries Uncle
http://loganmohtashami.com/2014/04/11/miss-housing-nirvana-crys-uncle/
The biggest housing bull and the so called Queen of Real Estate that everyone in the media puts on top of the list finally threw in the towel today. Not just for this year but for next few years
2014 at 4.8M (vs earlier 5.4M);
2015 at at 4.9M (vs 5.7M);
2016 at 5.0M (vs 5.9M).
The economic charts I have in my article are just simple facts and data make your own views based on data.
#housing