BFM Podcast

Bottlenecks in Housing Growth

Tan KW
Publish date: Tue, 23 Dec 2014, 06:38 PM

Joe Quinlan, MD and Chief Market Strategist, US Trust-Bank of America, Private Wealth Management

23-Dec-14 10:31 

 

The US reported weak November housing growth which led some analysts to comment that this is at odds with a recovering economy. However, growth over the last few months had been strong but there exists labour shortages which slows down housing construction. Also, we continue to ask the question of how the strong US dollar in an economy which is 70% consumption-driven will lift exports of emerging markets

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ks55

Wait for fire sales 2017-18.

2014-12-23 11:52

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