by confoundedinterest17 The media loves to print stories about the collapsing economy under Covid. But they fail to mention how one sector of the economy, real estate, is experiencing a V-shaped
by confoundedinterest17 US housing starts rise 1.2% in November, revealing a V-shaped recovery in housing. With a big assist from falling interest rates. 1-unit starts (single family detached) housing starts rose 7.98%
by MakeTotalDestr0i Source: tracktherecovery.org/
The K-Shaped Recovery is really starting to take its toll on those on leg of it. The news out of small business is deeply worrisome. Hopelessness is setting in. h/t
United States mortgage applications fall. However, the housing market boom continues as more homes are bought with no mortgage. Clear sign of a K-shaped recovery pic.twitter.com/yefqd0S2GG — Daniel Lacalle (@dlacalle_IA)
by confoundedinterest17 The housing starts numbers for September were released this morning and point to a V-shaped recovery for housing markets. 1 unit starts were up 8.52% and permits to build
by Lance Roberts Economists have come up with every variation of applying a letter of the alphabet to the economic recovery. Whether it’s an “L,” a “W” or a “V,” there is a
by confoundedinterest17 While the US economy is experiencing a V-shaped recovery, the CMBX-8 reference index for CMBS is still declining after an increase in June. What is the collateral behind CMBX-8?
BY JAMES RICKARDS In the depths of the pandemic panic and new economic depression this past March and April, happy talk was coming from the White House and Wall Street.
by confoundedinterest17 The purchasing managers group’s measure of orders, which jumped more than 6 points, reached the highest point since the start of 2004. The increase in bookings, along with declining inventories,
by confoundedinterest17 New home sales erupted in July, rising 13.9% MoM to 901k units SAAR. At the same time, the S&P CoreLogic home price index (for June) slowed to 4.29% from
by confoundedinterest17 V is for victory for the US housing market. Both existing home sales and new home sales are exhibiting a V-shaped recovery DESPITE the Covid-19. And an even
As the coronavirus continues to hurt business and the economy, many investors are eyeing when the market will recover and return to normal. Nasdaq Chief Economist Phil Mackintosh joins The
by Walter Block via Mises A U or V? That is the question—whether the economic recovery from the COVID-19 shutdown will be a long, drawn-out process, a wide, flattish U” or a sharp, upward-bound one, a V. To best
by Ron Paul of Ron Paul Liberty Report The economic bad news hit hard this week with the GDP crashing 33% in the second quarter. The tyrannical lockdowns have produced the steepest economic
