Tuesday, March 26, 2019

US housing starts fall in February on weak single-family homebuilding

U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/2-year low....(read more)
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Britons backing away from Brexit, but no safe bets: pollster

British voters appear to be changing their minds about leaving the European Union, Britain's leading polling expert said on Tuesday, but not to a degree that would make a different result in another referendum a safe bet....(read more)
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Many Rich Fretting About SALT Didn't Get That Tax Break Anyway

Many Rich Fretting About SALT Didn't Get That Tax Break Anyway    Bloomberg Politicians in mostly Democratic high-tax areas say the new federal cap on state and local tax deductions hurts their residents. Yet the vast majority of those ......(read more)
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Fed's Rosengren says weak foreign bond yields are hurting US long-term yields

Boston Federal Reserve President Eric Rosengren says weak bond yields in other countries are hurting U.S. long-term bond yields....(read more)
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Monday, March 25, 2019

Bond market says not only is a recession coming, but the Fed will cut interest rates to stop it

The bond market doubled down on scary warnings Monday, signaling both a possible recession is looming and that the Fed could have to cut interest rates this year to stop it....(read more)
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The Fed Needs to Start Playing a Smarter Political Game - Bloomberg

The Fed Needs to Start Playing a Smarter Political Game    Bloomberg There is a direct line between the U.S. Federal Reserve's December interest-rate increase and last week's announcement that Stephen Moore is set to be ......(read more)
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Low Interest Rates Might Be What's Hurting Growth

Low Interest Rates Might Be What's Hurting Growth    Bloomberg Cheap credit does a poor job of weeding out zombie companies that compete for scarce resources....(read more)
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