Over the last week, the housing environment has weakened here in the US. Last week’s June housing report was not pretty:...
The market needed an excuse
Jul 10, 2014 11:51:20 AM
This morning the equity markets are taking a major leg down. This is in response to a Portuguese bank missing a coupon...
Fed projected GDP for 2014 will fall short again
Jun 25, 2014 4:14:59 PM
This morning the second revision for 1st quarter GDP came in at a dismal -2.9%. Most of the revisions came on healthcare...
Subpar Growth
Jun 16, 2014 1:03:25 PM
Granite Group has been stating all year that subpar growth will be persistent. Today, the IMF lowered it’s 2014 growth...
Second Quarter Growth
Jun 2, 2014 1:03:28 PM
After the writing of the blog, the ISM manufacturing index was revised for the second time, today. The new number is 55.4,...
Interest rates have nowhere to go but up!
May 19, 2014 11:30:14 AM
Since the financial crisis of 2008, we have seen interest rates come down and stay down. The fed, with their continuous...
