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Pending home sales, Trade, Trump comments

Summary:
Back down: Highlights After jumping sharply in June, pending home sales sank sharply in July, falling 2.5 percent which is well below expectations. Yet the 105.6 showing for the index is nevertheless among the best showings of the last year. Today’s results will hold down August forecasts for existing home sales which had been mostly flat before jumping sharply in July. Tariffs not having the intended result yet: Trump reportedly promised pardons to aides who break the law to build border wall by 2020 election

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Back down:

Pending home sales, Trade, Trump comments

Highlights

After jumping sharply in June, pending home sales sank sharply in July, falling 2.5 percent which is well below expectations. Yet the 105.6 showing for the index is nevertheless among the best showings of the last year. Today’s results will hold down August forecasts for existing home sales which had been mostly flat before jumping sharply in July.

Pending home sales, Trade, Trump comments
Tariffs not having the intended result yet:

Pending home sales, Trade, Trump comments

Trump reportedly promised pardons to aides who break the law to build border wall by 2020 election

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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