News links for 27 February 2013
Calculated Risk: New Home Sales at 437,000 SAAR in January
"The months of supply decreased in January to 4.1 months from 4.8 months in December.
The all time record was 12.1 months of supply in January 2009."
Consumer Confidence Index® | The Conference Board
These are better numbers but they are recessionary when compared to past downturns.
"Consumers’ assessment of present day conditions improved in February. Those claiming business conditions are “good” ro...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.