The Big Picture » Blog Archive » How Lending Standard Changes Led to the Housing Boom/Bust

E-Mail 'How Lending Standard Changes Led to the Housing Boom/Bust' To A Friend

Email a copy of 'How Lending Standard Changes Led to the Housing Boom/Bust' to a friend

Loading ...

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. —Jesse Livermore

Macro Notes

Philly mfr’g about in line
Peter Boockvar

Following the essentially in line NY manufacturing survey, the Mar Philly manufacturing # was also about in line at 18.9 vs expectations of 18 and up from 17.6 in Feb. The components were mixed though. New Orders fell to 9.3 from 22.7 but follows a 3.2 reading in Jan. Inventories went negative again to -11 from +3.2 in Feb and is below zero for the 29th out of the last 30 months. The positive was the Employment component which rose 1 pt to 8.4 and is at the highest since Aug '07. Backlogs rose 2.6 pts but were still below...

read more »

subscribe to homepage

The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

E-Mail 'How Lending Standard Changes Led to the Housing Boom/Bust' To A Friend

Macro Notes