Housing starts are expected to total 997,000 in tomorrow’s update for January, based on The Capital Spectator’s median econometric forecast (seasonally adjusted annual rate). The projection represents a slight decline vs. the previously reported 999,000 for December. Meanwhile, the Capital Spectator’s median estimate for January is moderately higher vs. a trio of consensus estimates based on recent surveys of economists.
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The Arab Gulf is hot, and we’re talking more than weather. The leading stocks listed on the western slice of the Persian Gulf (primary the United Arab Emirates, Qatar and Kuwait) are sizzling. The equities in the major markets of Europe are doing quite well too when we slice up the planet’s stock markets by regional definitions.
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