Category: Background

Mortgage Applications Up Sharply w/e 06May2011

May 11th, 2011
in Background, econ_news

Econintersect: Mortgage applications increased 8.2% WoW for the week ending May 6, 2011.   The Mortgage Bankers Association’s Weekly Mortgage Applications Survey showed that on an unadjusted basis, the Index increased 8.3 percent compared with t… more »

Altos Research Comments on Case-Shiller Decline

April 27th, 2011
in Background, econ_news

Econintersect: The Case-Shiller data released yesterday (analysis here) showed a continuing decline, but Altos Research who tracks the market in real time says the spring recovery is already underway.Remember, the Case-Shiller is a 3-month rolling aver… more »

No Early Review of Health Care Law by Supreme Court

April 25th, 2011
in Background, econ_news

The U.S. Supreme Courts has turned down a request by Virginia Attorney General Ken Cuccinelli II’s for expedited review of the 2010 Patient Protection and Affordable Care Act.  There have been a number of cases filed across the country (25 were listed in the Washington Post on January 31). more »

Federal Reserve Study Concludes Consumer Inflation Concerns Are Driven By Asking the Question

April 18th, 2011
in Background, econ_news

Econintersect:  The University of Michigan Survey of Consumers Expectations has recently shown a spike in inflation expectations.  A recent Federal Reserve study says asking the question in the first place in an environment where prices are inflating may… more »

IMF Communiqué: Global Economy OK, Risks Remain

April 16th, 2011
in Background

Econintersect: The communiqué of the Twenty-Third Meeting of the International Monetary and Financial Committee of the Board of Governors of the International Monetary Fund said the global economy was continuing to gain strength but listed several area… more »

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