Don’t laugh, the US housing market is the best story in the global economy right now

Seriously, where else are you going to find good news from a major economy? China and its 7%—wink, wink, nudge, nudge, say no more—growth rate? Its spineless stock market? Or Europe, which just went through one of its periodic crises flare-ups that threaten the foundations of its post-war economic order? How about Latin America, where Brazil is increasingly looking like a basket case? (Though it’s an all-star in comparison to the monetary disasters of Venezuela and Argentina.) Japan?

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Europe [+]    Latin America [+]    Brazil [+]    Venezuela [+]   

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