We are going to see recovery in Europe and Japan, and that will make investment in those other countries more attractive and make for a weaker dollar.
Durable goods orders tend to be a more prominent leading indicator. I expect a weaker number, so I am bullish on Treasuries.
Durable goods order tends to be a more prominent leading indicator. I expect a weaker number, so I am bullish on Treasuries.
We should accept a weaker housing market is ahead of us and that is going to hurt consumption.