Microsoft; Chelsea Jia Feng/BI
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Builders have too many new homes on their hands.
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No one's going to sound an alarm, blast out a text message, or shoot you an email about it, but the US economy is undergoing a historic shift. We are leaving one long period of expansion — what economists refer to as a "supercycle" — and entering a very different one.
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Doug Mattison just wanted to cancel his gym membership.