Daily Archive: Monday, April 2, 2012

Construction spending data leading to lower Q1 GDP estimates

>    >   (email exchange) >    >   The following houses have lowered Q1 GDP: >    >   BAC, GS, Barclays, Noumura, DB, MS… most to just above 2% (2.1% for GS from 2.3%) or >   just below ( Nomura 1.9% from 2.1%). Barclays lowered their estimates by a full 0.4% >   to 2% flat. >    ...Read More

Yen Drops Versus Peers as Tankan Fuels Easing Speculation

Right! Lower rates! More QE! Be patient, monetary policy works with a lag It’s only been 20 years Hyper inflation is just around the corner… ...Read More

bit more bad news for housing

FHA to reject borrowers in minor credit disputes ...Read More