Homebodies

(1) Home sweet home. (2) Avoiding cabin fever. (3) Major global equity markets giveth and taketh away. (4) It’s all relative: US outperforming again. (5) “Go Global” was a great theme for previous bull market, not this one. (6) Currency depreciation hasn’t done much for economies of EMU and Japan. (7) Emerging Markets MSCI is just a commodities proxy. (8) Losses for commodity producers provide some material gains for homebuilders. (9) Will Millennials ever leave the nest (or dorm room)? (10) Getting tougher to rent. (11) Some wet blankets. (12) A positive feedback loop if homebuilders can find construction workers.