Tag Archive for Couple Of Days

Lots of Conomic Data Releases, All Of Them Misleading

There’s been lots of conomic data over the past couple of days. I covered the NAHB builder survey yesterday. Regardless of the fact that the housing market is at pathetic levels historically, the builder data showed the rebound off the lows to be on track. Today, the government released data on housing starts to add…

TBAC Forecasts $95 Billion Q1 Increase in Net New Borrowing

The Treasury Borrowing Advisory Committee (TBAC) told the Treasury that it will need to borrow $95 billion more in the first quarter than had been estimated in the last TBAC report in early November. The increase is apparently due to the cut in payroll taxes, although the committee gave no specific reason for the increase…