Gavekal Capital: US Mortgage Apps Fall Again

Wednesday, November 13, 2013

US Mortgage Apps Fall Again

Mortgage Applications remain weak in the US. The move back up in rates recently would only seem to make this trend continue. US homebuilder stocks look like they will remain under pressure as well.

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.
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