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Jobless claims drop to lowest level in 4 weeks
Thu May 15, 2008
Pardon my ignorance but I don't see how an increase in housing inventory is a good thing. All this does is continue to drive the value of homes downward... Isn't this a basic economic concept? Supply goes up... price goes down. C'mon Martin, don't you watch Jim Cramer?!?!
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Jobless claims drop to lowest level in 4 weeks