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Victory? US Real Average Hourly Earnings “Rise” To -0.8% YoY (Too Bad Real Home Prices Are Rising At 14.34% YoY Clip) – Confounded Interest


Good news on the wage front. Sort of .

US REAL average hourly earnings rose in September to -0.8% YoY.

Too bad that REAL home prices are growing at a 14.4% YoY clip.

The Federal Reserve’s new motto: making housing unaffordable! With help from the US Treasury.

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