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One Economic Datapoint, Two Vastly Different Interpretations

One Economic Datapoint, Two Vastly Different Interpretations

Earlier today, Case-Shiller reported that in May, housing prices dropped by 0.18%, the biggest decline since July 2014. Hardly a euphoric validation of the Fed’s rate hike intentions.

So what was the mainstream media’s take on the topic? It all depends on who you ask.

Reuters:

 

or the WSJ.

 

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