Real Estate/ Interest Rate Correlation

Just the charts.

Rising Wedge in U.S. Housing Prices?

The 'Rising Wedge' is fairly reliable technical analysis chart pattern, particularly when the price rises on ever lower volume.

Every month the U.S. housing numbers reflect rising prices with a lack of sellers. Inventories down.

Two questions.
Why no sellers?.......... Are the survivors of the last crash holding on. What do they do if prices start to fall?

How will higher interest rates affect the buyers? Wages continue under pressure in the U.S. Can new buyers afford higher interest payments or higher down payments?
Will a strong dollar temper foreign demand?
What do the bank balance sheets look like with respect to housing loans?

Steel Yourself!

Are we on the verge of yet another "supercycle"?

Trump is energetic about deficit spending and fiscal stimulus.

Look at some similarities in the long term chart of AK Steel.

The only real difference is the trend over the last few years....

But hope springs eternal!!

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Worldwide Recovery?

It seems every stock market in the world is rising to new highs on anticipation of economic growth.

Even the lowly Baltic Dry Index is recovering.
I don't see much movement in the shippers, though.

It does seem about time to this trader.....

Baltic Dry Index at Bloomberg


Dianna Shipping  DSX

Control risk.

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