Durable Goods Orders up.

Durable Goods Orders  (April 2013)

- New Orders Month/Month +3.3%. Previous revised to -5.9%

- New Orders Year/Year +2.4%. Previous revised to -0.8%

- New Orders (Ex-transportation) Month/Month +1.3%. Previous revised to -1.7%

- New Orders (Ex-transportation) Year/Year +0.9%. Previous revised to -0.9%.

I would regard this data as modestly positive.
 

Good Discussion Of Fed Plans To End Low Rate Era

Comments and WSJ-CNBC video on the Fed beginning to ease off heavy rate stimulus.

 

Jobless Claims down. New Home Sales & Prices up.

Today’s jobs and housing data looks ok.

 

Existing Home Sales and Mortgage Applications Data Mixed.

Home supply starting to show some elasticity.

 

How strong is the consumer right now?

Chain store sales seem to indicate modest increases

 

Manufacturing Remains Flat

Just as every other recent manufacturing index, this one shows that manufacturing in the U.S. is not recovering.

 

Rent vs. Buy: How Homebuyers Calculate & Decide

A primer on the two most important home affordability ratios: debt-to-income ratio and price-to-rent ratio

 

My Writing Debut On TheStreet.com

Exciting news on expanding TheBasisPoint’s footprint.

 

Which Fed Members Want To End Bernanke’s Low Rate Party

Great chart from Bespoke. And a word on growing QE dissent in the Fed ranks.

 

Friday Funk: Name That Beastie Boys Sample

Good old fashioned music trivia.

 
 
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