interesting how mtg rates are lower than at the Oct 31 fed meeting. U.S. MBA Mortgage Applications Index for Nov. 30 (Table) 2007-12-05 07:00 (New
Saudi production rose last month, meaning demand for their output increased even at the higher prices. They are acting as ‘swing producer’ and let output
MBA Mortgage Applications (Nov 30) Survey n/a Actual 25.5% Prior -4.3% Revised -5.2% Mortgage banking purchase index is holding above 400 since April, and
From late yesterday.. ABC Consumer Confidence (Dec 2) Survey n/a Actual -24 Prior -21 Revised n/a This is a function of CNBC’s reporting bias. ♥
Here’s the response to Jan’s (Goldman) concern about lost capital constraining lending. Bank capital grows endogenously- it’s not a constraint on lending apart perhaps from
NOTE THE HEADLINE BELOW VS THE STORY-PRICES ARE STILL UP YEAR OVER YEAR: Home Prices Suffer Biggest Drop In 25 Years (Reuters) U.S. home prices
Fed says they watch this closely: Surprise! CEOs Aren’t Too Worried About Economy U.S. chief executives’ view of the economy improved in the fourthquarter, although
Oil – Rise in costs puts pressure on returns RISE IN COSTS PUTS PRESSURE ON RETURNS By Javier Blas in Abu DhabiPublished: December 4 2007
Makes a lot more sense to Central Bankers to cut with a strong currency than a weak one, particularly with the strong currency keeping prices
(from an interoffice email) Karim: Quite a long one http://www.frbsf.org/news/speeches/2007/1203.html, but here goes, with selected excerpts, headings my own. If you don’t want to read