Questions Raised As Chicago Fed's National Activity Index Disappoints Ahead Of U.S. Q1 GDP Release
( 01:50 )
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Michael Guli, director at Knight Capital, weighs in on existing home sales data and the Chicago Fed's National Activity Index ahead of the highly anticipated release of U.S. first-quarter (Q1) gross domestic product (GDP) on April 26, 2013. Existing home sales slipped 0.6 percent last month to a seasonally adjusted annual rate of 4.92 million units, the National Association of Realtors said on Monday. The Chicago Fed's National Activity Index (CFNAI), a monthly index designed to gauge overall ec

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