{"id":198379,"date":"2007-11-13T09:47:00","date_gmt":"2007-11-13T14:47:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/13\/economic-news-for-the-day\/"},"modified":"2007-11-13T09:47:00","modified_gmt":"2007-11-13T14:47:00","slug":"economic-news-for-the-day","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/11\/13\/economic-news-for-the-day\/","title":{"rendered":"Economic News for the Day"},"content":{"rendered":"<p>Yes, the stock market is up, but that is peripatetic.  Here are some more links to follow:<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2007\/11\/13\/news\/companies\/bc.apfn.countrywidefinan.ap\/index.htm?postversion=2007111309\">Countrywide&#8217;s mortgage loan origination falls 48%<\/a><\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2007\/11\/13\/real_estate\/real_estate.ap\/index.htm?postversion=2007111315\">Existing home sales expected to hit 5-year low in 2007<\/a>, a 12\/7% decline, with 2008 looking even worse.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2007\/11\/13\/news\/international\/china_inflation.ap\/index.htm\">China&#8217;s inflation rate hits 11-year high<\/a>, they are claiming 6.5%, but how you can have that when food is going up at 17.6%, and pork by 54.9%, I gotta figure that they, like the US tweak their cost of living figures.  If forced to raise interest rates, it will put further downward pressure on the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yes, the stock market is up, but that is peripatetic. Here are some more links to follow: Countrywide&#8217;s mortgage loan origination falls 48% Existing home sales expected to hit 5-year low in 2007, a 12\/7% decline, with 2008 looking even worse. China&#8217;s inflation rate hits 11-year high, they are claiming 6.5%, but how you can &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,1080,973],"tags":[],"class_list":["post-198379","post","type-post","status-publish","format-standard","hentry","category-bubble","category-currency","category-economy"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198379"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198379"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}