Housing Markets, Financial Stability and the Economy - IMF's Zhu
- IMF issuing orders to "policy makers" to increase their overlordism of the housing market
- IMF pre-emptively protecting their own donkey claiming that detecting housing price bubbles is an art and not science.
So expect access to mortgage credit to be increasingly restricted and expensive. And a new profit-opportunity in the making.
Purchasing power of consumers is becoming less(worldwide).
Everyone wants to be more competitive than the other: So Japan, EZ, US, want weaker currency.
The solution: Currency war:)
GVI Forex john 15:19:29 GMT - 06/13/2014
US. data continue to be so-so, I was expecting to see better data on a rebound from winter. One sector I watch closely is real estate. Its been lousy since last October. Wre get housing Starts and Permits next week. This seasonally is the best time of the year. To me, these data are as important as the FOMC on Wednesday.
GVI Forex john 14:08:40 GMT - 06/13/2014
University of Michigan-Conference Board Sentiment. Preliminary May Michigan Survey much weaker than expected. Data subject to revision in about two weeks.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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