Mind the gap, as the most splendid housing bubble is about to burst. US home sales keep falling; demand is anaemic as buyers do not want to transact at these prices. Sellers have yet to react to the reality of spiralling interest rates, which makes purchasing a home with an average-size mortgage now more expensive than the alternative, renting. US mortgage rates have climbed to 7.16%, the highest since 2001 (higher than the 2008...
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There has been a lot of recent chatter about a superconductor breakthrough, but at this early stage, it would be wise for investors not to dive in headfirst but keep developments on their radar. The scientific community remains divided as to whether the latest superconductor breakthrough is genuine. In other words, the superconductor breakthrough could be just hype leaving gullible investors holding the bag. Alternatively, if the...
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