Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
Housing starts fell 11.4% in March, according to the most recent Census Bureau report. This was the largest decline in a year. The spring home-building season has begun with a slump. D.R. Horton, the largest home builder by volume in the United States, confirmed the trouble in the market on its quarterly earnings call.
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