Steen Jakobsen: US Credit Cycle Peaked, Zero Growth Coming to Europe, Gold 1425 by Year End
Steen Jakobsen: US Credit Cycle Peaked, Zero Growth Coming to Europe, Gold 1425 by Year End

Saxo Bank chief economist sent a number of charts and comments that constitute his outlook for globa...

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The Shrinking Deficit
The Shrinking Deficit

From the WSJ: U.S. Annual Budget Deficit Falls Near Seven-Year Low Over the past 12 months, the budget deficit has narrowed to $412 billion...

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Stocks Jump on Greece Deal Rumors; Capital Control Fears Mount, Car Buying in Greece Soars as Greeks Pull Cash
Stocks Jump on Greece Deal Rumors; Capital Control Fears Mount, Car Buying in Greece Soars as Greeks Pull Cash

This morning, Bloomberg reported a Deal was in the works, later denied by Germany. Stocks jumped on the news, but cash withdrawals and capit...

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Quarterly Services Survey suggests upward revision to Q1 GDP
Quarterly Services Survey suggests upward revision to Q1 GDP

From Reuters: U.S. services data suggest upward revision to Q1 GDP The Commerce Department's quarterly services survey ... showed consu...

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FNC: Residential Property Values increased 5.3% year-over-year in April
FNC: Residential Property Values increased 5.3% year-over-year in April

In addition to Case-Shiller, and CoreLogic, I'm also watching the FNC, Zillow and several other ...

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MBA: Mortgage Applications Increase in Latest Weekly Survey, Purchase Index up 15% YoY
MBA: Mortgage Applications Increase in Latest Weekly Survey, Purchase Index up 15% YoY

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications incr...

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Seven Charts Explain Why Chicago Bonds Rated Junk
Seven Charts Explain Why Chicago Bonds Rated Junk

Looking for a reason Chicago bonds are rated junk? This guest post by Michael Johnston at Fixed In...

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Wednesday: Q1 Quarterly Services Report
Wednesday: Q1 Quarterly Services Report

Mortgage rates are still down year-over-year, but it is getting close. From Matthew Graham at Mortgage News Daily: Mortgage Rates Right Ba...

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