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Unusual Whales Pod #10: The Housing Crisis, Markets, and Real Estate

Unusual Whales

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Is the Fed-Induced Coma?

The Fed has bought how many trillion dollars of mortgage-backed securities for the past 14 years. The biggest buyer just stepped out of the market and is letting their portfolio roll off. That funding, as everyone's been saying, there's no money to go and buy these mortgages.

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