Although U.S. apartment rents continue to climb nationwide, the growth continues to slow from the double-digit annual gains they marked during the COVID War, when record home prices drove rental rates higher with them.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Apr 23 2024
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SALES OF EXISTING HOMES FELL IN MARCH
Last month, sales of previously owned homes declined 4.3 percent compared to February and 3.7 percent year on year, the National Association of Realtors (NAR) reported.
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STATES MOVE TO BLOCK PRIVATE EQUITY’S HEALTHCARE TAKEOVER
As private equity funds buy healthcare organizations across the country, at least 12 states have taken action to block the sales.
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U.S. ECONOMY WILL GROW TWICE AS FAST AS OTHER G7 COUNTRIES, IMF SAYS
This year, the U.S. economy will grow more than twice as fast as any other G7 country, the International Monetary Fund (IMF) said in its latest World Economic Outlook report.
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PENSION FUNDS DUMP STOCKS
Corporate pension funds are moving money from stocks to bonds, and government pensions are trading a share of their equities for alternatives, The Wall Street Journal reported.
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FED RATE CUTS ON HOLD, POWELL SAYS
After saying earlier this spring that the U.S. Federal Reserve planned three rate cuts this year, and hinting they could begin in June, Fed chair Jerome Powell has put a pause on all that.
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ECONOMIC UPDATE – MARKET OVERVIEW
So here is the deal, what is going on in the equity markets has nothing to do with the lives of the plantation workers of Slavelandia. The game is rigged by the Robber Barons who control America’s economy... from top to bottom.