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“Personal income rose in May, but real disposable income and real consumer spending fell. The outlook for the economy remains highly uncertain.” ~ Robert HughesREAD MORE
“Weekly initial claims fell, but the four-week average continues on a modest upward trend. Sustained elevated price increases and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert HughesREAD MORE
“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. NilesREAD MORE
“Martin Van Buren may not be everyone’s favorite President, but he is worth studying. After all, an estimated 28 percent of Americans identify with the Democratic Party. People should at least know how their political party came to be and why it endured.” ~ Garion FrankelREAD MORE
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