Poor PPI and Dismal Housing Start Data Provides Dollar Retracement

Poor PPI and Dismal Housing Start Data Provides Dollar Retracement

Published by InformedTrades
08-20-2008

Poor PPI and Dismal Housing Start Data Provides Dollar Retracement

Poor PPI and Dismal Housing Start Data Provides Dollar Retracement

US inflation data is being quoted as the worst since 1981. The US Housing market continues to show severe contraction. This may actually be a good sign that we are approaching the "bottom of the cycle. It is refreshing when government ...

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