Daily Archives: April 2, 2012 @ 2:00 pm (Monday)

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 … Continue reading

Posted in GDP, Housing |

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…

Posted in Currencies, Inflation |

bit more bad news for housing

FHA to reject borrowers in minor credit disputes

Posted in Housing |