Items Tagged with 'U.S. economy'

ARTICLES

  • Goldman Sachs economist claims little chance of recession in the next 3 years

    Daan Struyven's research indicates the U.S. economy is only midway through its expansion
    Worried about the coming recession? Don't be. Goldman Sachs is calling bull on all the bearish naysayers out there. According to the famed firm, the U.S. is only in the middle of its economic expansion and the possibility of a recession in the next three years is “below average.”
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  • Freddie Mac: Mortgage rates reach highest level since May

    Mortgage rates inch forward for fourth consecutive week
    Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said the 30-year fixed-rate mortgage increased once again to its highest level since May.
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  • The jury is in: This cycle ends in 2020

    Wall Street Journal survey reveals 59% of economists predict a slowdown in 2020
    We have been hearing about this for a while now, but the jury is finally in: Most economists predict this up cycle will end in 2020. America may have less than two fat years to make hay while the sun is still shining on the economy.
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  • Who cares if the Dow hit 20K? Not most of us

    Nearly half of American adults don’t own stocks, so why should they care?
    On the floor of the New York Stock Exchange, at the offices of investment brokers, and in corporate boardrooms throughout the country, there were hearty celebrations on Wednesday morning as an artificial number hit an arbitrary target. People doffed cheap embroidered hats. They poured Champagne. Frivolity was the order of the day. But for the rest of us, the Dow hitting 20,000 doesn’t mean a damn thing.
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  • Freddie agrees with Fannie: The economy is improving

    Freddie Mac outlook indicates mortgage debt will increase in 2015
    A new report from Freddie Mac suggests that improving household balance sheets will make it more enticing for Americans to take on mortgage debt in 2015, echoing the sentiment of a report from Fannie Mae.
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  • Surge in federal defense spending boosts 3Q GDP

    Inventory investment, consumer spending cool from 2Q
    The national economy slowed significantly from the second quarter in the first initial GDP estimate for the third quarter, with gains driven by military spending offsetting a slowdown in consumer spending and inventory investment.
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  • Beige Book: Reports on housing are decidedly mixed

    Some districts report lower home sales; home prices are rising
    Since the last Beige Book, the Boston, New York and St. Louis districts reported home sales were below year-ago levels, while Chicago noted a decrease in home sales since the last survey period. Home sales in other districts remained steady or increased.
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  • Bam! Nomura predicts GDP will double in 2015

    But it won’t be because of housing
    In its “The Economy Next Week” report published Friday, Nomura’s analysts predict that the U.S. gross domestic product will grow 1.5% year-over-year in 2014 and will more than double that growth (3.1%) in 2015.
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