Open: 0.0 Close: 0.0 Change: 0.0

Today's Summary

Housing Starts Decreased to 1.246 million Annual Rate in October. Lower income US households now face HIGHER rates of inflation than higher income earners. US declared Cuba an unusual and extraordinary threat, authorising new sanctions. S&P/Case-Shiller released monthly Home Price Indices for November. Midwestern and Northeastern markets led by Chicago (+5.7%) and New York (+ 5.0%) posted gains. Freddie Mac reported that the Single-Family serious delinquency rate in December was 0.59%, up from 0.58% November. Bitcoin may trend even lower towards its 200-week moving average of $58,000. Bottlenecks in the supply chain of critical electrical equipment have so far hindered superfast new gas plant construction. Lower oil prices are squeezing Big Oil earnings, with crude around $60 per barrel undermining the sustainability of shareholder returns.