Real estate investment growth peaked in late 2016 and fairly steadily declined throughout 2017. The government's reflation efforts are getting weaker both in time and strength.
I don't have a crystal ball, but I am definitely hedging my commodities bets heading into March. (Spring Festival is late this year, February 16.) The market looks extremely out of whack with fundamentals in the short-term, heavily overbought when China looks about where it was when financial markets went sideways in 2014.
Personal Income increased 0.3% in February; Spending increased 0.8%
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From the BEA: Personal Income and Outlays for February:
*Personal income increased $66.5 billion (0.3 percent at a monthly rate) in
February*, according t...
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