.comment-link {margin-left:.6em;}
Visit Freedom's Zone Donate To Project Valour

Thursday, July 09, 2020

Updating the HF Indicators

I posted this over on Seeking Alpha.

Not much good seems to be happening, and I am concerned about the low pace of construction and a likely end to the short-term impetus provided by the auto manufacturing restart. That seems to be petering out.

More tomorrow (probably).

I read through the post on Seeking Alpha. I'm not surprised by construction numbers. People who don't have steady income don't buy houses, and contractors who got burned hard a dozen years ago aren't going to stick their necks out again. We might be approaching the peak of the middle leg of the W - it will depend on how many states decide they have to tighten restrictions again.
Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?