Even though sales of existing homes rose for the first time in 6 months, today’s reports on house prices and consumer confidence tell us that the US economy is still in trouble. According to S&P CaseShiller, house prices dropped over 10 percent, the largest decline on record. With the values of homes quickly slipping, [...]

Posted in Existing Home Sales, Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, GDP, US Dollar, consumer confidence, recession No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 05:36 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Canadian Retail Sales Rebound in January
Existing Home Sales Rebound because of Foreclosures
Fannie Mae and Freddie Mac to buy more mortgage backed securities
The Problems With College [...]

Posted in Canadian Dollar, Existing Home Sales, FX Radio, Forex Podcast, Housing Market, USD/CAD, Wall Street Journal No Comments »