realestate

Housing Starts Plummet to 1.256 million Annual Rate

This week on Calculated Risk: Housing Starts Decrease to 1.256 million Annual Rate

M
ichael Pettis, a renowned expert on China's economy, has been analyzing the country's financial markets. His insights are widely followed by investors and policymakers alike. In recent times, Pettis has highlighted several key trends in China's financial landscape.

    One notable trend is the growing reliance of Chinese banks on short-term funding. This has led to concerns about their ability to withstand economic shocks. Additionally, Pettis has pointed out that China's financial markets are becoming increasingly disconnected from its underlying economy.

    The implications of these trends are far-reaching and have significant consequences for investors and policymakers. As China continues to navigate the complexities of its financial system, it is essential to stay informed about the latest developments and expert analysis.

Housing construction slows to 1.256 million annual rate in the United States.