Browsing Tag

Canada

Poor PMIs Shake Markets

The ball got rolling in Asia as China's official manufacturing PMI eased to 50.1 from 50.4 in January. The details were poor, even if not that surprising after the HSBC measure. New orders fell to 50.1 from 51.6 and new export orders fell…

Ten Surprises for 2013 coming

Last year, I started off the newsletter with a list of ten surprises for 2012 which I reviewed last month. I apologize for not having a similar list of ten surprises for 2013 yet. I think it is a good exercise to go through to hone one's…

Problems in global housing markets

In the past year, I have increasingly turned away from the US housing market to stress the difficulties now besetting other global housing markets because there have been large house price appreciations (and some declines) elsewhere in…

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