No news in macro. Seventh of eight asset classes today. Liquidity & financial conditions moved at 0.9× its usual pace, fiscal position at 0.0×, inflation at 0.0×, housing at 0.0×, and household credit & cash flow at 0.0×. The other two sat lower.
Quiet (0.9×)
The dollar moved from -0.6% to -0.2%.
Quiet (0.0×)
Debt-to-GDP held at 123% at the latest reading. That is its highest level in about six months.
Quiet (0.0×)
Headline CPI held at 333 at the latest reading.
Quiet (0.0×)
Housing starts held at 1.4m at the latest reading.
Quiet (0.0×)
Debt service ratio held at 11.16 at the latest reading. That is its lowest level in about six months.