I am starting a monthly strategy overview to have my strategy in one place and a to test accuracy of my views. Written revisions and accommodations would also contribute to my investment discipline. Equities I have been surprised by the market strength as the market rejected the Dubai turmoil as a correction catalyst. This has […]

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Housing starts rose 0.5% in September to 590k units vs. 615k consensus representing 2.8% growth. August data was revised down from 598k units reported last month to 587k units. If we take this into account the consensus was projecting 4.7 increase; and the reported figure was 0.5%. Bloomberg link: Housing Starts in U.S. Increased Less Than Forecast.

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