With news of an imminent housing double-dip, home improvement mega-chains Home Depot and Lowe’s suffered from selling pressure in the past few weeks, seemingly over the forth-coming collapse in the US housing market. These retail names, in the short-term at least, are definitely in for a breather. Look at Lowe’s, for example:

Not only is the relative strength index (RSI) [...]

The emerging consensus on the US economy is that we face years of slow growth - or no growth or repeated recessions - as we pay off the debts accumulated over the last several decades. The recovery so far has been anemic, jobless and there is increasing concern that it is also temporary. The public is abandoning the [...]