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The Seattle Times · Jul 24, 2015

Vote: What will break our economic stride? | Jon Talton

A new report from Redfin argues that housing sales could see a sharp slowdown. U.S. sales of new houses fell 6.8 percent in June.

Gold prices are in the midst of their biggest rout in two decades; this could be anticipating higher interest rates from the Federal Reserve but also a sign of ongoing deflation worldwide.

Speaking of the Fed, the central bank has accidentally (or, in 1981 deliberately) caused most recessions in the post-World War II era.

China is still shaky, undercutting copper and other commodities (and stoking deflation). The eurozone is still a mess. And inequality at near historic highs is a drag on growth.

Full story at The Seattle Times

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