Housing starts are expected to rise modestly to 1.147 million units (seasonally adjusted annual rate) in tomorrow’s September update, according to The Capital Spectator’s average point forecast for several econometric estimates. The projection represents an increase from 1.126 million units in the previous month’s report for residential construction activity.
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Daily Archives: October 19, 2015
US REITs Led Most Major Asset Classes Higher Last Week
Last week delivered another positive run for most of the world’s risky assets. Although the gains were relatively modest vs. the weekly surge through Oct. 9, the generally bullish bias for the five trading days through Oct. 16 marks a second week of higher prices for the major asset classes, based on a set of representative ETFs.
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Initial Guidance | 19 October 2015
● US industrial output falls for second month in September | RTT
● US Consumer Sentiment rises more than expected in October | RTT
● China GDP growth dips to 6.9% in Q3, slowest since 2009 | Bloomberg
● China’s industrial production growth slower than forecast in Sep | Investing.com
● US federal debt ceiling deadline on Nov 3 worries investors | P&I