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