Today’s Issue Cluster: US Economy & Real Estate
Fed – Inflation Undershoots the 2% Target for the 35th Month
Online – Itochu, partners preparing to take on Alibaba
Shale – Saudis Poised To Block Ramp-Up By US Firms
Japan – Mar: Machinery orders rise; +2.9% from -1.4% / R
US – May: NAHB Home Builder Sentiment Falls for Fourth Time in Five Months; 54 from 56 / R / WSJ / AP / B *
US – Tight Mortgage Market Keeps Lid on Debt Levels WSJ * *
US – Why the Economy Keeps Getting Knocked Off Track WSJ *
US – Consumers Are Spending Again B / wsj *
US – Don’t Expect Cheap Gasoline to Fuel Retail Sales WSJ / WSJ * *
US – Where Americans Spend Their Money wsj * *
US – Firms Shoulder Rising Debt WSJ * *
US – Philly Fed Coincident Indexes Increased in 41 States / cr *
Fed – Inflation Undershoots the 2% Target for the 35th Month wsj *
Fed – Probability of a rate hike / t *
US – Weak Housing Data Don’t Deter Builders WSJ *
US – Democrats raise the roof over mortgages FT
US – Homebuyers face a tough spring AP
US – Home Prices Start to Heat Up WSJ *
US – Home Sales to Hit Highest Level Since 2006, Realtors Say wsj *
US – ‘Indefinitely postponing the dream of homeownership’ wapo *
US – Strong Dollar Makes Real Estate Less Attractive to Foreigners WSJ *
US – Low oil prices have cost tens of thousands of jobs r *
Online – Can Google Outsell Amazon and eBay? WSJ
Online – Itochu, partners preparing to take on Alibaba N / WSJ / R * *
Ships – Maersk, DSME Reach Agreement in Principle on Container Megaship Order WSJ
Ship – Regulators to Discuss Alliance Delay, Cost Problems WSJ
Ship – Growing Alliances Are Straining Major US Gateway Ports WSJ
Ship – UN Agency Adopts Polar Code to Prevent Sea Pollution WSJ *
Coffee – Less From Brazil Is Expected WSJ
Coffee – Bears feast on strong crop forecasts FT
Coffee – Artisan drinkers provide perk FT *
Cocoa – Asia Loses Its Sweet Tooth WSJ *
Cocoa – World Production / *
Shale – Saudis Poised To Block Ramp-Up By US Firms IBD *
Shale – ‘Russia Was Right: Europe Has Proved a Dud’ B
Shale – Continental Resources’ chief vows bounce back FT *
The Top Exported Good in Each State fixr *
The Top Imported Good in Each State fixr *