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Here’s Why WSJ New Home Sales Headline Is Technically Correct But Still Misleading- It’s Still A Depression
Monday, July 6, 2015 5:49
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by Lee Adler, Wall Street Examiner
The Wall Street Journal is Rupert Murdoch’s PR organ for his Move Inc. subsidiary, which provides marketing services Realtors. The Journal put out a PR release yesterday that,” U.S. New-Home Sales Rise to 7-Year High.” While technically correct, it is nevertheless misleading, tainted by the paper’s tilt toward bullish pronouncements on housing, thanks to Move Inc.’s main client being the mammoth NAR housing cartel.
Source: http://econintersect.com/a/blogs/blog1.php/here-s-why-wsj-new
