NAHB Index; TIC Net Foreign Flows; NY Empire; Industrial Production
Summary: NAHB Builder Confidence stuck just above all time low at 20.
Foreign private investors ran from US equities and got torched on agency bonds.
Industrial production & NY Empire Index both plunged, confirming the economic malaise that is engulfing us.
NAHB/Wells Fargo Housing Market Index Unchanged at 20. Full Report
NAHB President Sandy Dunn: "Our surveys confirm what I’ve been hearing personally from builders across the country, which is that interested buyers are out there,
but they are either reluctant to go ahead with a home purchase or they are unable to find mortgage financing they can afford"
TIC Net Foreign Purchases Jan $62B vs $56.5B - Full Report
Foreign private investors ran from equities and corporate bonds while getting torched on government agency bonds.
NY Empire State Index Mar -22.2 vs prior -11.7 Full Report
Industrial Production Feb -0.5% vs prior -0.1% Full Report
Foreign private investors ran from US equities and got torched on agency bonds.
Industrial production & NY Empire Index both plunged, confirming the economic malaise that is engulfing us.
NAHB/Wells Fargo Housing Market Index Unchanged at 20. Full Report
NAHB President Sandy Dunn: "Our surveys confirm what I’ve been hearing personally from builders across the country, which is that interested buyers are out there,
but they are either reluctant to go ahead with a home purchase or they are unable to find mortgage financing they can afford"
TIC Net Foreign Purchases Jan $62B vs $56.5B - Full Report
Foreign private investors ran from equities and corporate bonds while getting torched on government agency bonds.
NY Empire State Index Mar -22.2 vs prior -11.7 Full Report
Industrial Production Feb -0.5% vs prior -0.1% Full Report
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