One report to discuss today and then the Fed Balance Sheet: Housing Starts (HOUST): +291k [+21.7%], a huge move higher. May be seasonal. Fed Balance Sheet (WALCL): -26.26B [-0.31%]. The big global-economic news was the BOE raising rates 50 bp (to 5%) on Thursday, when the expected move was +25 bp. (Source – Pfizer/Reuters). “Joseph […]from Peak Prosperity https://ift.tt/2NwFC05
