The consequences of massive US stimulus spending are now becoming apparent, with rising interest rates threatening the US housing rebound. Bloomberg reports that builders began work on fewer US homes than projected during August and applications for future work declined more than forecast, underscoring the risk that higher mortgage rates pose for the real estate rebound.
I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...
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