DNC staffer / wikileaks source murdered: round up the usual suspects (for hints, see first season of House of Cards).
April housing starts: horrendous. Down 2.6% vs 3.7% increase forecast. Does market care? No. Huge, huge decline in the northeast. Hmmmm. See "Hyperdrive" tag. Everything's moving to Texas. From realtynews:
- Dallas, #1 in housing starts
- Houston, #2 in housing starts
- April: strongest April in the history of Houston real estate for single-family home sales
- March: record-setting March
- April, housing starts: fell 2.6%
- March, housing starts: fell 6.6%
- Steve Liesman (CNBC): could be due to stricter lending laws in Dodd-Frank (it's been my impression that Liesman loves Dodd-Frank)
- this may not be good for GDPNow forecast
- 1% increase vs 0.4% forecast
- this may be good forGDPNow forecast
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