Thanks For The Massive Corporate Tax Cut, GOP! CapEx Orders Back To May 2008 Levels
Housing demand in California remained subdued for the ninth consecutive month in January as economic and market uncertainties sent home sales to their lowest level since April 2008, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
Today’s weak German and Japanese manufacturing PMIs suggest the global trade cycle remains under pressure. The fact that these two nations are major car manufacturers is also instructive. Indeed, an often neglected story of the past year has seen the collapse in the auto cycle.