Liquidity Giveth, Liquidity Taketh – The IMF on International Capital Flows

To be an economist these days is a rare privilege and especially; it is a privilege to be a blogging economist since there is just so much good material to write about at the moment. On the one hand, there is the unfolding unravelling of Goldman Sachs (loads of material out there already, but . . . → Read More: Liquidity Giveth, Liquidity Taketh – The IMF on International Capital Flows

Case Shiller: More Signs of Housing Price Recovery

U.S. housing prices are showing more signs of recovery. On Tuesday Case-Shiller released their index of home prices in 20 cities and it rose 0.6 percent in February from last year. The National Association of Realtors reported last week that existing-home prices advanced 0.4 percent in March as sales climbed for the first time . . . → Read More: Case Shiller: More Signs of Housing Price Recovery

Economic Events on April 28, 2010

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week increase of 7.4% last week, which is the second week of gains in a row, and was attributed to the end of the second federal stimulus program and low interest rates.

At 10:30 AM EDT, the . . . → Read More: Economic Events on April 28, 2010