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Report date: 11.30.2016
Australian housing market completely implodes on itself. ADP reports more individuals getting jobs after a revision. The jobs are not manufacturing but service sector jobs. House hold debt hits 12.4 trillion as delinquencies rise. Pending homes sales fall as rates rise. Mortgage apps and refinances decline.Negative interest rates does not benefit the people. Young Senator shows the government wastes money on ridiculous projects. Exposing the hoax of a strong stock market does not translate into a strong vibrant economy. OPEC makes deal to cut oil production, which means oil prices will be rising.
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