New Home Sales Regress
New Home Sales in June totaled 350k annualized, down from 382k in May and 22k below expectations. It’s the lowest since Jan and was...
Housing Data “Surprises” to Downside (Permits,...
I wanted to quickly todays New Home Sales in context of some longer term charts of Permits, Starts & Completions. We get more Permits...
Sandy Weill: Time to Separate Investment Banks
~~~ Time to Separate Investment Banks See also The Financial Supermarket RIP
Will the ESM to be granted a banking licence?
Australian June CPI rose by just +0.5% in the 2nd Q on a Q/Q basis, or +1.2% annually, down from +1.6% in the 1st Q. Lower inflation will...
ECB open to a bank license?
The entire mood of the morning changed at 3am when ECB member Nowotny in an interview said in reference to the ESM one day getting a bank...
10 Tuesday PM Reads
My afternoon Salt Lake City to Vancouver plane reading: • Water is the new gold, a big commodity bet (Market Watch) • Bridgewater...