Tag Archive for Pace

Mainstream Media Gets It Wrong- In Coincidental Truth Telling, NAR PR Shows House Market Strengthening

NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in May and that, contrary to the mainstream media portrayal, the housing rebound is not “uneven” or slowing in any way. Below is the full unexpurgated PR from the NAR. While…

Market’s Liquidity Indicators Begin To Tilt Bearish – With Free Excerpt

The composite liquidity indicator downticked last week on small declines in most of its components. We know that the downtick in the Fed’s pumping to Primary Dealers is temporary, but the weakening in other indicators may not be. Over the course of this latest surge, most of the cash has been targeted at the Treasury…

Markit France Services PMI falls at sharpest rate for three years

New business falls at sharpest rate for three years during April Key points: Final Markit France Services Activity Index at 45.2 (50.1 in March), 6-month low. Final Markit France Composite Output Index at 45.9 (48.7 in March), 6-month low. Summary: The performance of France’s service sector weakened markedly in April. Incoming new business fell at the steepest rate for…