Why I disagree that real private fixed residential investment forecasts economic improvement this year

 - by New Deal democrat

Bill McBride a/k/a the nicest blogger in the econoblogosphere has forecast a strong 2014, which is in contrast to my forecast for deceleration (i.e., positive but at a declining rate).

I wanted to lay out factually why, even though I have the utmost respect for Bill, I have disagreed.  The first post, dealing with real private fixed residential investment, is up at XE.com.