“What’s in your wallet” is the famous question posed by Capital One. U.S. consumer spending accounts for a significant portion of GDP. Weather has apparently soured our spending mood according to the economists reacting to the soft economic numbers in the first quarter, especially the recent low print on GDP. There seems to be universal… Continue reading By the Numbers: What Do They All Mean?
Tag: existing home sales
The Color of Money
Economists have a full palette of colors to paint any economic picture they desire. The markets seem to be happy right now, with less red going into the picture. Our basic economic palette consists of housing, employment and corporate earnings which all have moderated, but they do not show signs of deteriorating further and remain… Continue reading The Color of Money