Income and Spending Down Again in June in Japan
Abe’s Approval Ratings Fell Another Big Notch in a Late July Sankei Poll
Republicans Say Won't Vote for TPP Without TPA First; That Means No Pact This Year
Experts Unclear about Beijing’s Motivations/Ambitions in South China Sea, Worried About Crudeness of Xi’s Tactics
April-May Post-Tax Hike Spending Tracks Fairly Closely the Pattern in 1997
Also of note this week will be April Durable Goods Orders and Personal Income reports on Tuesday and Friday, respectively. Tuesday’s March Home Prices data should show continued solid year-over-year appreciation, though momentum is slowing gradually.