Gavekal Capital: Retail Sales Report Highlight Another Problem For Housing

Thursday, December 12, 2013

Retail Sales Report Highlight Another Problem For Housing

Monthly retail sales of building materials have been unchanged since April of this year. This is just another piece of evidence suggesting a real lack of strength in housing related activity.

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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