Gavekal Capital: The Most Interesting Charts From Today's US Econ Releases

Wednesday, November 20, 2013

The Most Interesting Charts From Today's US Econ Releases

Mortgage apps and existing home sales both fell. Mortgage apps dropped 2.3% week-over-week while existing home sales it's first 3-month decline since May 2011.

The year-over-year change in the CPI fell to a four-year low. Other than the negative CPI prints in 2009, this is the lowest year-over-year change since 1964. Lodging away from home had the largest month-over-month decline since 2005.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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