Menu
Theme
Sign In
The week ahead is a light one for economic indicators. Monday starts out with May's Treasury International Capital System data on net capital inflows into the US. April's data showed a near-record $1.5 trillion in private net capital inflows, which certainly explains why the dollar has been so strong. This is consistent with our TINAC theme, that "there is no alternative country" to invest in currently given the unsettled and unsettling geopolitical mess.
On Tuesday and Wednesday, June's housing starts and existing home sales data will be released. Weekly mortgage applications for new purchases, which will be updated on Wednesday, fell sharply in June, suggesting that housing demand remains depressed.
End of free preview
Ed's analysis as news breaks — often the same day. Plus the full QuickTakes archive.
Individual investor? Get Ed's QuickTakes for personal use at yardeniquicktakes.com →