Robert Barbera
Robert Barbera
asian boom consistent dollar growth housing huge percent reason trade versus wildly
You've got a housing boom that is consistent with 8 percent GDP growth. The reason growth is not there is that the dollar is wildly overvalued versus Asian currencies, and we have this huge trade deficit.
call consumer domestic gross growth home housing notion question reflecting shrinking spending year
Faltering U.S. new home sales, reflecting shrinking housing affordability, call into question the notion of another year above-trend growth for U.S. consumer spending and real gross domestic product.