Russia says they will veto war in Iraq according to local news. They say they will use their veto power in the UN to veto any plan of war against Iraq. This should create more uncertainty short term.
Let's see if CNBC and briefing try to bury this news like they buried the new home starts today. The new home starts weakness is a huge problem and this will be the beginning of the consumer deflating this housing and spending bubble. Look out below when this rollercoaster takes off.
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