Wall Street Examiner Home Sales Charts updated June 18 showing traffic improving with a widening gap over sales, suggesting increased sales to come. – Lee Adler Unedited NAHB Press Release June 18, 2012 – Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous…
Tag Archive for Chief Economist
Housing, Must Read
Housing Recovery Driven By Shortage of Supply in Good Locations
by Newswires • • 0 Comments
During the housing boom, developers—the companies that pave roads and sidewalks, dig ditches for sewage pipes and power lines and bring in bulldozers to clear space for construction—prepared hundreds of thousands of lots and sold them to home builders, which in turn built subdivisions. Today many of these lots remain empty. They often are in…
Latest Business Headlines
NY Fed chairman defends JP Morgan boss ahead of Congressional hearing | Business | guardian.co.uk
by Newswires • • 0 Comments
The chairman of the New York Fed has defended the role on his board of embattled JP Morgan boss Jamie Dimon… “I do not think he should step down,” Bollinger said in an interview with the Wall Street Journal. He said critics attacking the Fed have a “false understanding” of how it works, and that…
Latest Business Headlines
Study: It’s not a ‘fiscal cliff.’ It’s a ‘fiscal slope.’ – The Washington Post
by Newswires • • 0 Comments
Chad Stone, chief economist at the Center on Budget and Policy Priorities, thinks all this talk of a “fiscal cliff” is dangerously misinformed. “The economy will not go over a cliff and immediately plunge into another Great Recession in the first week of January,” he writes. (David Marcado – Reuters) But the fact that so…
Must Read
Canadian bank’s stress-test pro talks Europe – MarketWatch
by Newswires • • 0 Comments
TORONTO (MarketWatch) — What happens if the euro zone unravels with Greece, Ireland, Portugal and Spain all leaving at the same time as political gridlock drives the U.S. off a fiscal cliff? What if China was no longer willing to fund the U.S. deficit and there was a dramatic 40% decline in the U.S. dollar?…
Money Morning, Must Read
Gold Prices and the "Grexit" Effect
by Guest Editorial • • 0 Comments
Lately gold priceshave been affected by a strengthening dollar resulting from troubles overseas.
On Tuesday, Greek Prime Minister Lucas Papademos told Dow Jones Newswires that considerations were being made for a potential exit by Greece from the euro. He also warned that such an exit would be “catastrophic” for the country and that fallout across the entire Eurozone would be severe.
Bears Chat, Best of the Forums, Must Read
No One Is Above the Law – Simon Johnson
by Bears Chat at The Wall Street Examiner • • 0 Comments
December 22, 2011, 5:00 am
No One Is Above the Law
By SIMON JOHNSON
Simon Johnson, the former chief economist at the International Monetary Fund, is the co-author of “13 Bankers.”
The American ideal of equal and impartial justice under law has r…
Bears Chat, Best of the Forums, Must Read
Grim Outlook For Housing Prices
by Bears Chat at The Wall Street Examiner • • 0 Comments
House prices will fall 3 percent nationally in 2012, excluding foreclosures and short sales, Douglas Duncan, Fannie Mae’s chief economist, said at a University of San Diego real estate conference on Tuesday.
…
Bears Chat, Best of the Forums
Home prices fall in Oct for 3rd month: CoreLogic
by Bears Chat at The Wall Street Examiner • • 0 Comments
Home prices fall in Oct for 3rd month: CoreLogic
Reuters – 1 hour 16 minutes ago.. .
NEW YORK (Reuters) – Home prices fell in October for the third month in a row with growth in the beleaguered sector expected to remain flat for years to come, data …
Bears Chat, Best of the Forums, Must Read
Majority of Economists Still See Deflation Gloom
by Bears Chat at The Wall Street Examiner • • 0 Comments
Two and a half years after the official end of the recession, in June 2009, this recovery looks like none before it, Bloomberg Markets magazine reports in its January issue.
Daniel Tarullo, a member of the Federal Reserve Board of Governors, describ…
