Blogging will be light to nonexistent for a day or so as I head up to Boston to chat about asset allocation at tomorrow’s World Series of ETFs and Indexing.
Daily Archives: March 28, 2011
Consumer Spending & Income Rise In February As Inflation Bubbles
Personal income and spending rose again last month, the U.S. Bureau of Economic Analysis reports, although the numbers are tainted somewhat by the fact that inflation ticked up as well.
Housing Will Recover. But When?
What passes for optimism on the housing market these days is a pale reflection of the glory days of five years ago. “Housing is dead,” writes MarketWatch’s Rex Nutting. “There is no doubt about that. Housing is as dead as a door nail.” The good news, such as it is, is that “housing is just too small to do any real damage to the economy any more,” he adds. Perhaps, but housing’s not likely to help any time soon either.