Global Macro Perspectives
I lot of optimism on housing inventory backlog coming down to 7 months supply. A view from David Rosenberg of Gluskin Sheff + Associates: So, while this data may well show that the inventory backlog has come down to what seems to be a respectable 7 months’ supply, we also know from the U.S. Census […]
Looks like markets are dismissing the potential Dubai World default as a catalyst for a meaningful correction. Nice outline of the situation by Telegraph: Dubai’s financial crisis: a Q&A. If the markets dismiss this as a not strong enough catalyst it will show the strength of the belief of the global economy is recovering. I […]