Housing starts has been taken as a sign that the US recovery is strong, says NAB’s Tapas Strickland, but is it enough of a reason to budge equities to fresh highs?
100k a day catching it and doubling every 9 days. That'd be a million s day by early December. Already hospital admissions are half what they were at their peak. Maybe pubs closing at 10pm isn't enough. Perhaps we should try for 9.30?