Someone thinks the housing rebound is built on shaky foundations.
Asian index futures fell after U.S. stocks dropped by the most in three weeks, while wheat futures entered a bear market. New Zealand’s dollar jumped to a three- week high after its central bank raised interest rates.
Manchester United’s worst season since at least 1992 was underscored yesterday by the departure of coach David Moyes. As a business, the club still has few peers in soccer.
"There's broad dollar strength, but the question is whether the U.S. economy will strengthen sufficiently to put rates up."
- Andrew Wilkinson on Jul 25, 2014
Wilkinson Says 'Feds Need to Raise Interest Rates'