Recently we saw that the mortgage purchase application number had its first negative year over year number on the 4 week moving average.
In spite of an ongoing weakness in credit growth (see post), the Eurozone is continuing to show fairly robust economic improvements. Today’s manufacturing PMI (manager surveys) has surprised to the upside.It is interesting to see Greece for example beg…
Although you might think the markets simply respond any time Ben Bernanke sneezes, his “cold cycle” is not one of the indicators that will spell the slowing and eventual cessation of the printing press at the Fed.
There actually is a mathematical formula used by the Federal Reserve to determine when to stop the presses.
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
What are the odds that JPMorgan would lose no more than $50 billion on assets of $4 trillion, much of which is complex derivatives, in…
BY NIKOLAJ NIELSEN BRUSSELS – Corruption and lack of transparency are endemic throughout the EU, with direct links to the economic crisis. The damning conclusion…
With the U.S. economic recovery threatened by an array of negative developments, the Federal Reserve may need to add additional stimulus to the economy, a…
It is small wonder mom-and-pop investors are showing no love for U.S. stocks for a fourth consecutive year. Not only has the U.S. economic recovery…
(Reuters) – New orders for factory goods fell in April for the third time in four months as demand slipped for everything from cars and…