It is the 20th of August 2017

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Millennials Really Want A McMansion Of Their Own, There's Just One Problem...

A new survey from ApartmentList.com of 24,000 millennials across the country, born between 1982 and 2004, revealed some 'great news' for the residential housing market...about 80% of the millennials surveyed said they're ready to move out of mom's basement and buy a home.  There's just one catch...

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Deutsche: The Market Broke In 2012, "This Is What Everyone Is Talking About"

Two weeks after Deutsche Bank’s whimsical, James Joycean derivatives strategist, Aleksandar Kocic disaggregated the market’s current sweeping complacency regime in a florid stream-of-consciousness report, and warning that the market's current "metastability" would lead to "cataclysmic events", with a crash becomes increasingly more likely the longer price discovery in the market (one not propped up by Federal Reserve) is delayed, in his latest note from this week he takes on a more practical - if just as abstract - target; quantifying complacency, both in a market sense and as a metaphysical concept (long-term readers of Kocic are all too aware that when it comes to fusing markets and philosophy, mostly of the post-modernist bent, nobody even comes close).

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