Mortgage Purchase Applications & Recession Watch
2016 Feb 10, 7:06pm 4,684 views 19 comments
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2016 Feb 18, 7:27am
LEI while meeting expectations, are down back to back months, still no headline recession risk. You need at least 4-6 months down trend with rising claims which after today's numbers we don't have. Claims get to 323K with falling trend LEI and you have something to work with
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2016 Feb 19, 6:52am
US core #CPI services price inflation strongest since Oct 2008 + core goods price inflation now much less negative
Picking up here
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2016 Feb 19, 10:42am
"comprehensive housing finance reform" that is mentioned at the end of the piece?
One of my old articles in 2012 I said they will never reform Freddie, Fannie and the government will always back housing up because private banks don't have enough capital reserves to be the entire housing market and the mortgage biz is actually a bad biz to be in.
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#Housing
#Economics
http://loganmohtashami.com/2016/02/10/mortgage-purchase-applications-recession-watch/