Written by Steven Hansen Our February 2014 Economic Forecast continues to show a growing economy – and the rate of growth has been relatively constant for the last 6 months. Most portions of our economic model are continuing.
Home Prices Are Rising. Is That Recovery, or a Bubble? Home prices are still rising according to the latest NAR data showing a monthly gain of 1.3% and 9.9% year to year increase in December. That’s consistent with a wide variety of home price measures,
Written by Steven Hansen The Conference Board Leading Economic Index (LEI) for the U.S. improved again in December to 99.4 (2004 = 100). The index growth has been noisy but remains in a growth trend.
Written by Steven Hansen Retail sales were up according to US Census. Our analysis agreed, and it is positive that the 3 month rolling average did marginally improve.
The mother of all sudden stops: Capital flows and reversals in Europe, 1919-1932 by Olivier Accominotti and Barry Eichengreen Appeared originally at Voxeu.org 14 September 2013 From 2001 to 2008, half of Europe received capital inflows from the other half and beyond. In 2009, that stopped, capital accounts switched signs and a crisis occurred. This …