Housing recovery builds on a new foundation
Although some areas of the real estate market still have weaknesses, a number of factors are coming together to support the recovery in the housing market.
Category: Macroeconomics
A time for leadership
The United States must move forward and grow, and in doing so, not settle for the mediocrity of the so-called new normal. Our fiscal cliff dilemma has underscored the fact that we have a deficit of political leadership and a wealth of political partisanship. But all that means is that it is up to us
U.S. bond opportunities still stack up
We continue to be cautiously optimistic on the U.S. economy, which has been gradually improving. Clearly, there are a number of long-term fiscal issues that the federal government needs to address, including entitlement spending and the debt load overall. Nevertheless, the United States continues to be among the most attractive developed bond markets for investors.
Strong economic growth is the best prescription for our fiscal health
One of the few points everyone in Washington should be able to agree on is that a strong economy is vital to Americans’ — and America’s — fiscal health. But that point is often overlooked in the debates surrounding the fiscal cliff, which hinge primarily on two factors: reducing spending and increasing revenues. Growing the
Real leadership is built on compromise
With the so-called fiscal cliff now less than a month away, it is time for Congress and the Obama Administration to get serious about addressing the long-term fiscal challenges our country faces. The significant economic damage that would result from a failure to act during the next several weeks should be unacceptable to every elected
Facing down the fiscal cliff (replay)
How much might the fiscal cliff disrupt the economy? Improving trends in the U.S. private sector — from housing prices to consumer confidence — contrast with the possible negative effects on growth as the public sector moves toward fiscal consolidation. This recording has been edited from its original format.
Europe’s debt crisis — gauging the risks
While the European Central Bank has made progress, we believe, on managing near-term liquidity risk, long-term structural issues remain.
Fixed-income markets returning to normal
The level of market distress surrounding global macro risks has declined in the latter half of 2012, helping sentiment and trading conditions in fixed-income markets return to more normal levels similar to those seen before the 2008 financial crisis.
Housing sector an unexpected strength
Active fundamental research indicates the housing sector, along with areas of the energy and health-care industries, offer attractive opportunities for investors today.