| Log In | Register Now
The S&P futures continue to hold strong above their highly psychological 1100 level despite a disappointing set of housing data. Housing Starts and Building Permits both missed analyst expectations, implying the U.S. housing recovery may be facing headwinds. That being said, the core and headline CPI numbers topped expectations by a basis point, showing consumer prices are rising despite yesterday's decline in producer prices. Such a development could benefit corporate gross margins and benefit the 4th quarter earnings season. Regardless, this week's data has thus far indicated a slowdown in America's economic recovery. However, it remains to be seen whether this is just a bump in the road to stronger fundamental growth rates.
Can Chocolate Cake for Breakfast Diet Help You Lose Weight?
Free Edition
TAKE A TOURWe value your privacy. Your email address will not be shared.
