Japan’s Current Account Records First Deficit in 13 Years
Japan’s Current Account deficit climbed to 172.8 billion yen ($1.8 billion) as the country’s exports continue to decline on weaker global demand. More
Canada Housing Starts Fall
New home construction in Canada fell more than expected in February to a seasonally-adjusted annualized rate of 134,600 units from 153,500 in January. More
10-Year UK Yields Fall to 1989 Lows
Growing concerns over the UK banking system have force UK 10-year yields to fall to their lowest level in 20 years. More
Buffet: Economy Has “Fallen Off a Cliff”
Noted investor and head of Berkshire Hathaway Inc. was quoted on a Monday-morning talk show as saying that despite his optimism for the long-term, consumers have dramatically changed their spending habits and the US economy has “fallen off a cliff”. More
