by John Galt October 27, 2009 The report today was hailed as good news by the MSM but as usual, the lack of in depth analysis when the initial announcement was made thanks to American’s attention span and the depth of the problems reflected within these reports says much, much more. First, the housing index reflects an approximate return to September 2003 prices not seasonally adjusted: The key aspect of this report that should catch everyone’s attention is that the declines may have a seasonal…
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