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Well, still no inflation…..

  • October Core CPI M/M +0.0% vs +0.1% consensus; prior 0.0%
  • October CPI M/M +0.2% vs +0.3% consensus; prior +0.1%

But housing starts are trending lower again:

  • October Housing Starts 519K vs 600K ; M/M change -11.7%

And finally, Mortgage apps dried up…

  • MBA Mortgage Applications -14.4% vs +5.8% Prior

(Click on each chart to enlarge)

Inflation trends 20101117
mort apps 20101117
starts and permits 20101117
mort apps Breakdown 20101117

Disclosure: Horowitz & Company clients may hold positions of securities mentioned as of the date published.

Source: Charting Economic Releases: Wednesday's Mixed Results