- Highest reading since Sept
- Prior was 35
- Current sales 46 vs 40 prior
- Prospective buyers 29 vs 23 prior
- Next six months 48 vs 37 prior
This dovetails with the anecdotal reports of a pickup in buying interest since the turn of the year.If housing picks up again -- and I think there's a good chance it will -- it presents the biggest challenge to the 5.25% Fed funds top.
The US dollar remains strong today in the wake of retail sales.
