US BUDGET DEFICIT TO SHRINK TO 2008 LEVELS: HAS RATIONAL EXUBERANCE ARRIVED?

Posted on May 14th, 2013 After this morning’s KNIGHT FRANK-led conference on the international housing outlook, predicting huge growth in demand for luxury real estate as global wealth expands, more news came in about the ever improving U.S. economy: The budget deficit will shrink this year to $642 billion, the smallest shortfall in five years….some good… [Read More]