PPI Screaming, Housing Starts Moaning

Posted by

So the bad news is that the cost of raw goods is way up, February PPI jumps 1.6% month-over-month (more than double the estimate).  The worse news is that Housing Starts look like some kind of half-remembered nightmare from 1933.

But here’s a more positive way of looking at both…

We already know that commodity costs, including oil, have retreated from their Middle East protest highs.  We also know that the less Housing Starts and new-builds, the better.  The housing market is awash with supply, no one in their right mind should be cheering any kind of construction equipment operating on a housing tract other than a bulldozer.

My favorite take on these numbers is Peter Boockvar‘s over at The Big Picture.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Making Money Online commented on Sep 22

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  2. bitcoin era nayib bukele commented on Sep 30

    … [Trackback]

    […] There you will find 68311 more Info to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  3. fun88 commented on Oct 13

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  4. luskremodeling.com commented on Oct 19

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  5. DevOps Consultants in Dallas commented on Nov 05

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  6. tangerine chequing account signin commented on Nov 17

    … [Trackback]

    […] Here you can find 69560 more Info on that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  7. cannabis for sale online commented on Nov 21

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  8. td web login commented on Dec 08

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  9. best replica watches commented on Dec 31

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  10. usa dumps shop commented on Jan 12

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  11. human hair wigs commented on Jan 15

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

  12. buy dumps online commented on Feb 06

    … [Trackback]

    […] Here you will find 57264 more Info to that Topic: thereformedbroker.com/2011/03/16/ppi-screaming-housing-starts-moaning/ […]

HowIInvestMyMoney