Author Archives: The Economic Minds Team

Russian Troops in Crimea Trigger “Flight To Safety”

A global “flight to safety” is taking place in financial markets since Russia took de facto military control over the Ukrainian southern peninsula of Crimea over the weekend. Equities were hit in Asia, Europe and emerging markets overnight, while Treasury bonds rallied. Financial markets in Russia were hit even harder. Oil prices have also risen, [...]

Home Sales Lose Steam in December

Existing-home sales at the end of the year were lackluster; on the national level, sales increased 1.0% in December. Regionally, sales activity picked up in the South and West, but fell in the Midwest and Northeast. Cash purchasers and individual investors still comprised a large proportion of overall sales, 32% and 21%, respectively. These numbers [...]