Archive for January 19th, 2011

Daily Reading – January 19, 2011

*** FT Alphaville: More on the widening WTI-Brent spread ***
*** FT Alphaville: Weirdo Greek debt restructuring ***
*** FT Alphaville: Reflections on the weirdo Greek debt plan ***
*** FT Alphaville: The Pomo flip ***
*** The Big Picture: A Few Thoughts on Steve Jobs / Apple ***
*** The Big Picture: Total Market Cycle ***
*** The Slope Of Hope: We’ve Seen This Movie Before ***
*** Calculated Risk: Record Low Housing Completions in 2010 ***
*** Paper Economy: MBA Application Survey – January 19 2011 ***

U.S. Housing Starts Fell 4.3%; Number Of Building Permits Issued In The U.S. Rose 16.7%

U.S. housing starts in December fell 4.3% to 529.000 vs. revised (2.000 lower) 553.000 November reading. The consensus was at 550.000. On year level U.S. housing starts are down 8.2%.

 

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