Daily Archives: April 29, 2014

Disappointing home sales are raising fresh concerns over the real estate market’s recovery. Real Estate Correspondent Diana Olick digs into the week’s housing numbers and explains what’s driving down demand. Here is a direct video link.

David Stockman, former director of the Office of Management and Budget, explains why he is not holding out high hopes for Central Bank brilliance. Here is a direct video link.

Today the US Fed starts yet another round of deluded meetings to much media circus. Deluded because they have exhausted their experimental arsenal of monetary policy long ago, and yet they still talk as if they are command control on … Continue reading →