Daily Reading – November 16, 2010
While we wait to see whether Ireland will be bailed out today I’ll post todays interesting reads…
Archive for November 16th, 2010
November NAHB Housing Market Index At 16
Housing Market Index for November was reported at 16 vs. 15 in October (revised from 16). Consensus was at 17. Future component leading the index higher. Negative report; no improvements on the horizon as I believe future expectations components is overstated compared with traffic of perspective buyers component…
U.S. Industrial Production Flat In October
U.S. industrial production remained unchanged in October. The consensus was at 0.3%, September reading at -0.2%. On year level industrial production is up 5.4%…
U.S. Producer Price Index Rose 0.4% In October
U.S. producer price index rose 0.4% in October vs. 0.8% consensus. September reading was also at 0.4%. On year level PPI is up 4.3%…
A Bear In China?
Commodities imports stalling; Baltic Dry Index again collapsing; Equities sharply lower…
PIGS Spreads Update
Spreads tighter…