Saturday , August 13 2022
Home / Mosler Economics / Housing starts, sales managers index, mortgage purchase index, sales managers index

Housing starts, sales managers index, mortgage purchase index, sales managers index

Summary:
After a post-Covid recovery spike, we have settled back to pre-Covid levels, which was well before the rate hikes: Applications have softened. This is the first up-week since the rate hikes: In many ways, we have yet to recover from the oil capex collapse of about 7 years ago:

Topics:
WARREN MOSLER considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Dumb and Dumber — the Chicago economics version

WARREN MOSLER writes CPI, PPI

Editor writes A coherent alternative has to be proposed

Dan Crawford writes Open thread August 9, 2022

After a post-Covid recovery spike, we have settled back to pre-Covid levels, which was well before the rate hikes:

Housing starts, sales managers index, mortgage purchase index, sales managers index

Applications have softened. This is the first up-week since the rate hikes:

Housing starts, sales managers index, mortgage purchase index, sales managers indexHousing starts, sales managers index, mortgage purchase index, sales managers index

In many ways, we have yet to recover from the oil capex collapse of about 7 years ago:

Housing starts, sales managers index, mortgage purchase index, sales managers indexHousing starts, sales managers index, mortgage purchase index, sales managers index

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.

Leave a Reply

Your email address will not be published. Required fields are marked *