Daily Archive: Tuesday, August 18, 2009


[Skip to the end] Karim writes: 2nd Tier Data – not a view changer: Starts down 1%, but single-family up 1.7%; multi-family down 13.3% Permits down 1.8%, but single-family up 5.8%; multi-family down 25.5% PPI -0.9% headline and -0.1% core Core PPI has fallen 2 of the past 3mths and as a ...Read More

China Money Rates Drop as Central Bank Stops Pushing Up Yields

[Skip to the end] Check out the last ‘house hunting’ story. Looks like they are on to that angle of attack, directing that form of ‘investment’ as a matter of public purpose, much like we have done with our public policies over the years. Also looks like the cut back in lending ...Read More