The housing recovery continues to go from strength-to-strength. House prices have risen by 5% over the past 12 months and there is an upside risk of a further acceleration. The faster prices rebound...

The annual growth rate of our measure of the broad M3 monetary aggregate edged up slightly to 5.5% in October and, with the Fed hinting at an expansion of its QE3 large-scale asset purchases in the...

The encouraging noises emanating from Washington make it more likely, although it is still far from certain, that a deal to prevent the fiscal cliff will be reached and that any adverse impact on the...

We would warn against reading too much into the performance of retail sales on Black Friday as there is little evidence that it will set the tone for sales during the whole holiday season. More...