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Bob Carey
Chief Market Strategist
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Brian Wesbury
Chief Economist
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Investment Insights
Factoid of the Day Thursday, October 30, 2014
Rents have risen 7% in the past year, while incomes have inched up by only 1.8% − making it harder for renters to afford their housing payments, according to CNNMoney. Zillow reported that the average renter now spends 30% of their income on rent, up from a longtime average of around 25%. The Neighborhood Law Clinic at the University of Wisconsin Law School estimates that several million families a year face evictions in the U.S. Some renters are evicted because they can’t afford higher rents, while others are evicted over minor violations by landlords eager to get higher paying tenants in place. In 2013, there were over 200,000 eviction notices filed in Georgia.
 
Brian Wesbury - Economic Video Commentary
Yes, Stocks are Volatile

Bob Carey - Video Market Update
Stay Calm and Focus on the Fundamentals

First Trust International IPO ETF (FPXI)
Anticipated Exchange Listing: November 5, 2014
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