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comment by kleinbl00
kleinbl00  ·  166 days ago  ·  link  ·    ·  parent  ·  post: Random quotes of the week

https://twitter.com/EconguyRosie/status/1022134803779526656

    Let's see how much the housing market is missing out on the alleged positive macro action. In the past 3 mos.: starts (-39% SAAR), permits (-23%), new home sales (-22%) & resales (-15%). You don't need the yield curve. Housing is a leading indicator, with huge multiplier impacts