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What effect has President Obama's speech had on the financial markets?

What effect has President Obama's speech had on the financial markets?
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US home sales tick up in May but activity muted

Sales of existing homes in the United States edged up in May but activity remained muted on tighter supply and with interest rates still elevated, according to industry data released Thursday.Available inventory is another factor and "existing-home sales activity is down sizably due to the current supply being roughly half the level of 2019," Yun said. ....

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