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Tuesday, July 22, 2014 - Curb Your Enthusiasm
Article By: Marvin R Clark
Tuesday, July 22, 2014 11:36 PM EST
We start with a couple of economic reports. The National Association of Realtors reports existing home sales were up 2.6% in June to a seasonally adjusted rate of 5.04 million, compared to 4.91 million in May. Sales in June were 2.6% higher than last month, but were 2.3% below the June 2013 rate.
In this article: CCE, CS, MCD, NOK, VOD, VZ, NDQEMT, AAPL, MSFT, SPX
27 Years Of Financial Inflation Refute Pimco/McCulley Blather About Fed Achieving Promised Land Of Price Stability
Article By: Michael Pento
Tuesday, July 22, 2014 1:11 AM EST
According to Pimco’s new Chief Economist, Paul McCulley, the Fed’s war against inflation has been won! But, before we get out our party hats and plan the tickertape parade, we have to ask ourselves – for the past 27 years have we really been at war with inflation?
In this article: AUD, NDQEMT

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