TheUShousingrecovery has notproducedtheeconomic boom somehadexpected http://feedly.com/k/14RhHI1 Many economists have been expecting the housing boom to provide a visible lift to the US economy. So far the results have been underwhelming. In spite of strong homebuilder optimism (see post), housing starts remain subdued. The momentum we saw in late 2012 has dissipated and last year’s forecasts (for example Goldman and ISIGroup) turned out to be too … Seguir leyendo The US housing recovery has not produced the economic boom some had expected

DailyKos :: AirportthathostsWalmart’s 19 corporatejetsgets a specialtaxsubsidy http://feedly.com/k/14RhCDZ shared via http://feedly.com Seguir leyendo Daily Kos :: Airport that hosts Walmart’s 19 corporate jets gets a special tax subsidy

USconsumerconfidenceinsurprisingfallfromsix-yearhigh http://feedly.com/k/14Rhl3T shared via http://feedly.com Seguir leyendo US consumer confidence in surprising fall from six-year high

BloodandChaosPrevailinEgypt, Testing Control – NYTimes.com http://feedly.com/k/14Rhe8B shared via http://feedly.com Seguir leyendo Blood and Chaos Prevail in Egypt, Testing Control – NYTimes.com

SellingSpurtTakes 10 YearTreasuryYieldToFreshTwoYearHigh http://feedly.com/k/145WDL3 There is one problem with the Fed’s plan that bond yields will progress ever higher in calm, cool and collected fashion from here to 3%, 4%, 5% and onward: it assumes that those who don’t sell today, will patiently await turn to sell (with much bigger) losses tomorrow. Of course, what happens instead is that everyone will try to sell today, … Seguir leyendo Selling Spurt Takes 10 Year Treasury Yield To Fresh Two Year High

MursiSupportersJumpFromBridgeToAvoidBeingShot http://feedly.com/k/1cLqgqK Real or fake, you decide (and there are amplereasonsto consider doctored imagery). For Reuters it was definitive enough to go straight to the front page. shared via http://feedly.com Seguir leyendo Mursi Supporters Jump From Bridge To Avoid Being Shot

India’s crisis escalates; bringsbackmemoriesofthe 1991 goldairlift http://feedly.com/k/1cLpCJG Yesterday India’s central bank (the RBI) imposed what amounts to a form of currency controls, while trying to attract foreign deposits. Bloomberg: – The RBI cut the amount local companies can invest overseas without seeking approval to 100 percent of their net worth, from 400 percent, according to a statement on Aug. 14. Residents can remit $75,000 a … Seguir leyendo India’s crisis escalates; brings back memories of the 1991 gold airlift

EgyptMilitary Prepares ToCrushIslamist "DayOfRage" http://feedly.com/k/18zA8Oz If there is one day when the pent up tensions on both sides resulting from the Egyptian coup over a month ago may boil over and lead to an all out civil war (still unclear how John Kerry would "define" that one) today may be that day, as Cairoisbracedfor what may be the most violent confrontations yet with supporters of … Seguir leyendo Egypt Military Prepares To Crush Islamist “Day Of Rage”

Alemania: La bella durmiente | Presseurop.eu: actualidad europea, viñetas y revistas de prensa http://feedly.com/k/18zA6pZ shared via http://feedly.com Seguir leyendo Alemania: La bella durmiente | Presseurop.eu: actualidad europea, viñetas y revistas de prensa

Euro areainternationaltradeingoodssurplus 17.3 bn euro http://feedly.com/k/19xnwvW The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in June 2013 gave a 17.3 billion euro surplus, compared with +12.8 bn in June 2012. The May 2013 balance was +14.5 bn, compared with +6.2 bn in May 2012. In June 2013 compared with May 2013, seasonally adjusted exports rose … Seguir leyendo Euro area international trade in goods surplus 17.3 bn euro