Stronger Dollar Deflating Import Prices

March 24, 2015

Core goods prices have been in outright decline since the second quarter of 2013. Many of the goods in the core CPI are imported or compete with imported goods on price, so it is not surprising to see price weakness given the recent dramatic dollar appreciation. A strong dollar depresses

Currency Moves & Central Bank Policy

March 18, 2015

The world’s central banks have split into two camps, the few that are likely to tighten and the majority with easing on their agenda. This division has reintroduced the currency markets to an old acquaintance: a dollar bull market. Our analysis plots the major central-bank moves and considers how the rest of 2015

Exclusive Interview with Jonathan Miller President and CEO of Miller Samuel

March 17, 2015

Miller Samuel President and CEO Jonathan Miller speaks with Bloomberg’s Tom Keene and Bloomberg View’s Barry Ritholtz about the strength of the U.S housing market and the prospects for new household formation. Click here to see the full interview. To take a complimentary 30 day trial of the Bloomberg Brief Economics Newsletter click here. 

Housing Enters Spring Greener Than Last Year

March 16, 2015

Today’s NAHB Housing Sentiment Index is forecast to return to 57, the middle of its range during the second half of 2014. Its resilience already stands in contrast to the sharp decline in 2014’s first quarter. Tomorrow brings the first hard data on housing in February. Consistent with the modest decline in the

Brief Bites-3/13/15

March 13, 2015

Editor Taylor Riggs highlights the top Bloomberg Brief stories from this week.  https://www.youtube.com/watch?v=IAs82KrWF7g&feature=youtu.be

Sunnier Consumer Outlook May Bolster U.S. Housing in 2015

March 10, 2015

For several years now, reports of a snapback in U.S. housing markets have regularly withered on the vine. The calls were particularly voluble — and premature — following the surprisingly robust home price gains in 2012 and 2013. Hopes ran high at the start of 2014, but in the end, last year saw fewer total sales of previously

Brief Bites Weekly Video

March 6, 2015

Editor Taylor Riggs highlights the top stories from the Bloomberg Briefs.

U.S. Services Inflation May Give Fed Green Light

March 3, 2015

Currency-and commodity-induced winds are fueling deflation all around the globe. However, prices for U.S. services are rising at a steady clip and may give the Fed a green light to restore its benchmark target rate to “normal.” Goods inflation contracted significantly in January, which matters little for a nation that is fueled by

Asia Leads the Pack in Expected GDP Growth in 2015

February 26, 2015

Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years. The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey

U.S. Millennials: You Say Entitled, I Say Underpaid

February 24, 2015

Younger workers have seen dips in median income every year since 2008, with the exception of a small bump in 2010, according to the Census Bureau’s Current Population Survey. A depressed starting salary could mean less income for decades, research by Yale economist Lisa Khan shows. Setting a low bar on payscales to