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Homebuilder sentiment isn't just another wonky number with no predictive ability. It's had a...

  • Tuesday, November 20, 2012, 11:10 AM ET
    Homebuilder sentiment isn't just another wonky number with no predictive ability. It's had a nearly exact correlation with housing starts over the last decade, notes Joe LaVorgna, and the latest print says starts are headed far higher. XHB +50.5% YTD.
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