1
Comments on May Housing Starts
Earlier: Housing Starts at 1.269 Million Annual Rate in May
Total housing starts in May were above expectations, and starts for March
and April were revised up.
The housing starts report showed starts were down 0.9% in May compared to
April, and starts were down 4.7% year-over-year compared to May 2018.
Single family starts were down 12.5% year-over-year, and multi-family
starts were up 13.8%.
This first graph shows the month to month comparison for total starts
between 2018 (blue) and 2019 (red).
[image: Starts Housing 2017 and 2018]*Click on graph for larger image.*
Starts were ... more »
Yes
2
As U.S. and Iran Face Off, Europe Is Stuck in the Middle
European leaders want desperately to preserve the nuclear deal, which they
see as critical to regional security, but are powerless to stop the
escalations that threaten it.
Trump is doing the escalation
3
From the Census Bureau: Permits, Starts and Completions
*Housing Starts:*
*Privately‐owned housing starts in May were at a seasonally adjusted annual
rate of 1,269,000*. This is 0.9 percent below the revised April estimate of
1,281,000 and is 4.7 percent below the May 2018 rate of 1,332,000.
Single‐family housing starts in May were at a rate of 820,000; this is 6.4
percent below the revised April figure of 876,000. The May rate for units
in buildings with five units or more was 436,000.
*Building Permits:*
Privately‐owned housing units authorized by building permits in May were at
a... more »
I will build an art/design studio.
4
Bronx Principal to Challenge Eliot Engel, Powerful House Democrat, From the Left
Jamaal Bowman will take on Mr. Engel, who heads the House Foreign Affairs
Committee, with help from a group that backed Alexandria Ocasio-Cortez last
year.
A silly action. Senyority counts.
5
Amy Klobuchar Outlines Actions She Would Take in First 100 Days if Elected President
Ms. Klobuchar unveiled a list of well over 100 actions, the majority of
which she could pursue with executive power.
If she can get elected.
6
Conservative Radio Host Has Doubts About Trump. His Audience Doesn’t Want to Hear It.
Michael Savage was one of the first radio hosts to endorse Mr. Trump. Now
he thinks the president’s fans are too uncritical. But his listeners aren’t
so sure.
The true believing mob is not listening.
7
On Politics: Iran Threatens to Exceed Nuclear Limits
NYT > Politics - 10 hours ago
After Tehran said it would produce more uranium, the White House ordered
another 1,000 troops to the Middle East.
Iran should and must trade.
Trump is not listening.
8
Joe Biden Says His Campaign Has Raised Nearly $20 Million
The wealthy like him.
9
Landlords Oppose Trump Plan to Evict Undocumented Immigrants
Landlords say undocumented immigrants in federally funded housing are
reliable tenants who pay on time. The administration says subsidized
housing is for American citizens.
Landlords need their rents.
10
Pete Buttigieg Leaves Campaign Trail After Police Shooting in South Bend
Mr. Buttigieg, the city’s mayor, returned to Indiana after the police shot
and killed a black man.
Buttigieg has an elected job.
11
Four Years Ago Trump Was Seen as a Sideshow. Now He Is the Show.
The 2020 election will be a test — not just of the man but of his country.
Was President Trump’s victory the last time around a historical fluke or a
genuine reflection of America in the modern age?
Faction made Trump.
12
Democrat in Competitive California District Joins Call for Impeachment Inquiry
Representative Katie Porter is one of the first to endorse impeachment
proceedings among House Democrats who are expected to face tough
re-election campaigns.
Defeat Trump.
13
Trump’s Conventional Campaign
In the On Politics newsletter: The president’s re-election team is
preparing for a very different kind of contest than he is.
Tuesday: Housing Starts
From Matthew Graham at Mortgage News Daily: Mortgage Rates Stay Flat, But
Risks Will Increase From Here
Mortgage rates were only modestly higher today. Most lenders were still
quoting the same rates compared to Friday with the only difference being
slightly higher upfront costs. This means the rate at the top of the
average mortgage quote is still within striking distance of the lowest
levels since September 2017. [Most Prevalent Rates *30YR FIXED - 3.875% -
4.0%*]
emphasis added
Tuesday:
• At 8:30 AM ET: *Housing Starts* for May. The consensus is for 1.240
million SAAR, up from 1.... more »
2020 Democrats Address Poverty and Systemic Racism at Presidential Forum
Nine candidates for the Democratic nomination spoke at an event in
Washington convened by the Poor People’s Campaign, designed to put a
spotlight on poverty.
What Do You Want to See From the Democratic Debates?
We want to know what you’re most eager to see from the 20 Democratic
candidates who are taking part.
Supreme Court Upholds Virginia’s Ban on Uranium Mining
The court ruled that the Atomic Energy Act did not bar the state’s
moratorium on mining what appears to be the nation’s largest uranium
deposit.
Bernie Sanders vs. Elizabeth Warren
Many supporters of Sanders or Warren have become rather vicious to each
other. The claim from the Warren supporters is that their candidates is the
candidate of ideas, having put out tons of policy proposals. (Sanders has
25 last time I looked, so he’s not shy on this.) She’s younger, and it’s
important to some […]
With a New Threat, Iran Tests the Resolve of the U.S. and Its Allies
President Trump promised that North Korea and Iran could be convinced to
give up their nuclear weapons programs. He is learning it’s not that easy.
The Iran Crisis, Explained
President Trump withdrew from a 2015 nuclear agreement with Iran and has
steadily imposed harsh sanctions on the country. Now Iran is fighting back.
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