{"id":189770,"date":"2010-02-15T20:34:00","date_gmt":"2010-02-16T01:34:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/15\/economics-update-90\/"},"modified":"2010-02-15T20:34:00","modified_gmt":"2010-02-16T01:34:00","slug":"economics-update-90","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/15\/economics-update-90\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>As today is a holiday in the United States, it was a fairly slow news day, but over the weekend, we got a report on house prices in the UK, and the <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703525704575061502273740396.html\">asking price rose at the fastest rate in 3 years<\/a>, of course, the whole problem with the real-estate crisis was the disconnect between ask and offer, so I&#8217;d wait for sale prices to rejoice.<\/p>\n<p>In real estate in the US, <a href=\"http:\/\/ftalphaville.ft.com\/blog\/2010\/02\/15\/148641\/us-cmbs-deliquencies-jump-to-5-42-moodys-says\/\">delinquencies on commercial mortgage backed securities (<span>CMBS<\/span>) jumped in January<\/a>.<\/p>\n<p>On the brighter side, <a href=\"http:\/\/www.cnbc.com\/\/id\/35399157\">Japanese GDP grew strongly<\/a>, largely on capital spending driven by exports.<\/p>\n<p>In currency and energy, the <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=aPv3EwNDIkcs\">Euro hit a 9 month low<\/a> on the mess that is Greece, while <a href=\"http:\/\/www.businessweek.com\/news\/2010-02-15\/crude-trades-near-74-on-china-economic-tightening-correct-.html\">crude oil was basically flat<\/a>, up 6\u00a2\/bbl.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As today is a holiday in the United States, it was a fairly slow news day, but over the weekend, we got a report on house prices in the UK, and the asking price rose at the fastest rate in 3 years, of course, the whole problem with the real-estate crisis was the disconnect between &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,984,1188,1088,1089],"tags":[],"class_list":["post-189770","post","type-post","status-publish","format-standard","hentry","category-economy","category-europe","category-japan","category-real-estate","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189770"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189770"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}