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I remember @cha saying keep an eye on the Philly Housing index -...

  1. daveironore
    3,630 Posts.
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    03/06/24
    14:29
    Post #: 74138772
    https://hotcopper.com.au/data/attachments/6217/6217564-a9fcfd8f2b620aa9bdaa2f7247a21a04.jpg

    I remember @cha saying keep an eye on the Philly Housing index - clearly something wrong in 06 period but now it is lined up with the SPX

    So if the FED gets it wrong here a lot of things could suffer- conversely if they are in control then there's nothing to worry about because they run the show.

    Worth watching anyway code is HGX
    XSO Value at posting: 3,033.2
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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