QE 3 & Home Sales
December sales of new homes was disappointing in that the adjusted pace did not keep up with previous months. From May 2012 through October 2012, year-over-year increases in new sales levels stayed consistently above 20%. That drove expectations that the trend in residential real estate had finally turned. Given available data, that does seem to .. read more
On January 25th, 2013,
posted in: Markets by Jeffrey P. Snider Tags: economy, home sales, mortgage finance, Mortgages, personal income, qe 3, real estate, wealth
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Weekly Economic and Market Review
Volatility made a comeback last week as traders alternately bought and sold based on the latest utterances of various government officials. First it was Bernanke’s semi-annual report to Congress where his initial remarks were taken as an indication that QE 3 was warming up in the wings. Apparently not happy with how the market interpreted .. read more
On July 17th, 2011,
posted in: Economy by Joseph Y. Calhoun Tags: bond vigilantes, consumer sentiment, debt ceiling, deficit, gold, inventories, inventorty to sales ratio, jobless claims, qe 3, retail sales, trade deficit, volatility
