Daily Archives: Feb 19, 2019 at 07:17 am EDT

What Will Next Week’s Delayed Update On Housing Starts Reveal?

Recent reports from the housing sector point to a new round of weakness in this critical slice of the US economy, potentially raising a warning flag for the year ahead. The jury’s still out, in part because a critical update has been delayed, due to the partial government shutdown that ended late last month. The Census Bureau has rescheduled the December figures on residential housing construction for next week (Feb. 26). Using a variety of sources to forecast the update suggests the numbers will bring a mixed bag of news.
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Macro Briefing: 19 February 2019

16 states sue to stop Trump’s use of emergency powers to build wall: The Hill
Trump warns Venezuela’s military to abandon Maduro or ‘lose everything’: Reuters
Global growth is estimated at weakest pace since financial crisis: Bloomberg
New round of US-China trade talks set to start today: Reuters
Huawei founder says arrest of firm’s CFO is politically motivated: CNBC
Are securities regulations too lax for index funds? NY Times
Honda announces plan to close UK factory as Brexit deadline nears CNN
US Treasury market trading opens this week with 10yr-2yr spread at 2-month low: