Investors who have done well buying U.S. stocks this year could be doing even better with Nigeria. The Nigerian market, in fact, has outperformed American equities by a large margin, up more than 20 percent this year versus the U.S. gain of a still-respectable 6 percent. Ditto for Dubai, Iceland, […]
Tag: US
This Is Housing Bubble 2.0: David Stockman
Many have named a U.S. housing recovery as a bright spot in a so-called broader domestic economic recovery. And data seems to support this analysis, despite a slowdown in sales momentum at the end of the year. Existing home sales in December were up 12.8% from the same time in […]
US Home Prices Surge Despite Distress
For nine straight months, national home prices have been in the positive, and the gains are only getting larger. The latest reading for November shows a 7.4 percent jump from a year ago, according to CoreLogic. Homes for sale in San Marcos, CaliforniaThat includes sale prices of distressed properties, bank-owned […]
