From Fed Chairman Ben Bernanke: Long-Term Interest Rates. Excerpts: [W]hy are long-term interest rates currently so low? To help answer this question, it is useful...
Catching up ... A few key themes: 1) Private...ial construction is usually the largest category for construction spending, but there was a huge collapse in...
Personal income decreased $505.5 billion, or 3.6 percent ... in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $18.2 billion,...
There are several key economic releases on Friday. First, the Personal Income and Outlays report for January will be released. This will give some idea...
This is interesting, from the WSJ: Miami Condo Loan Marks Milestone [A] group of lenders led by Birmingham, Ala.-based Regents Financial Corp. has agreed to...
Real House Prices and Price-to-Rent Ratio by Bill McBride on 2/26/2013 02:41:00 PM For December, Case-Shiller reported the seventh consecutive year-over-year (YoY) gain in their house price...
Market participants were rattled today by the election news out of Italy, as it looks like the economically-challenged nation is now politically adrift. Why should...
The Department of Transportation (DOT) reported: Travel on all roads and streets changed...y -2.9% (-7.0...illion vehicle miles) for December 2012 as compared with December 2011....