PPI Increases More Than Forecast as Housing Begins Descend
The US producer label index for last attach a question to increased 0.3% from December, Labor Department records confirmed. Residential housing begins diminished 14.8% final month to a 1.3 million annualized rate, the slowest…
China Property Woes Causing ‘Downward Spiral,’ BofA Says
Winnie Wu, China equity strategist at BofA Securities, discusses the authorities’s efforts to give a take dangle of to the financial system and the property market, and the implications for…