Another month in the books, and another NFP report. Job creation has been flat to negative for the past 5 months or so. According to...
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The mortgage crisis is bad and getting worse. The latest evidence suggests that any bottom in real estate is some ways off in the future:...
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The consensus in the media is that revisions higher in GDP to 0.9% means that the US has successfully avoided a recession. I highly doubt...
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On Tuesday, we noted that New Home Sales fell 42%. There was one small piece of the data I failed to mention earlier in the week, which...
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“Absent supply disruptions, it will be difficult to sustain oil prices above $100 (a barrel, in 2008 dollars) over the next 10...
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As expected, Q1 2008 Real GDP Growth was revised up to +0.9% from +0.6% previously. -Weakest two quarter growth since 2001...
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The initial data on GDP was encouraging — down "only" 0.5%, much better than the consensus of -1.1%. Ex-transportation,...
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We get the first revision of GDP tomorrow morning at 8:30am. The export portion of GDP showed big improvement, thanks to the still...
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Sales of new one-family houses in April 2008 were at a seasonally adjusted annual rate of 526,000, according to estimates released...
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The Case-Shiller Home Price Indices data released today for home sales through March 2007shows a "continued broad based declines in...
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