“Pent-up demand is now showing up in key indicators. In pole position is the US economy, where multiple indicators show that the economy is ready to race. Housingthe harbinger markethas rebalanced, re-igniting dormant residential construction. Given this markets broad linkages to the rest of the economy, thats great news.”
Peter Hall, vice-president and chief economist, Export Development Canada
US HOUSING: BACK TO BALANCE (Surplus units, thousands)
From GFMag.com
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Which currencies will be strengthened over the medium term by Japans aggressive monetary policy move?
