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Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

Summary:
Covid dip, recovery, and now a decline: Covid dip, recovery, and now sideways at levels of some 25 years ago when there were a lot fewer people: Through June,Saudis caused the big dip and recovery, then attempted to stabilize.The most recent Reuters report suggested price increases vs benchmarks,which is a move to firm prices over time:

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Covid dip, recovery, and now a decline:

Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

Covid dip, recovery, and now sideways at levels of some 25 years ago when there were a lot fewer people:

Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

Through June,
Saudis caused the big dip and recovery, then attempted to stabilize.
The most recent Reuters report suggested price increases vs benchmarks,
which is a move to firm prices over time:

Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

Mtg purchase apps, housing starts and permits, Saudi pricing vs benchmarks, oil inventories

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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