Are the financial markets headed for trouble? There was quite a bit of panic on Wall Street on Thursday after more bad economic numbers were released.
In response to this bad economic news, stock prices plummeted.
Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.
The release of the GDP numbers caused U.S. Treasury yields to go completely nuts.
Shifting gears, we have also just learned that the median price of a home in the U.S. has just hit another brand new record high.
Home ownership has never been more unaffordable than it is right now, and young adults that are just starting out are being hit the hardest.
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