Even as stocks remain near record highs, the following Economic headlines are out this morning:
- US Industrial Production Misses (Again) As Manufacturing & Construction Growth Disappoint
- Housing Starts, Permits, Miss Expectations On Drop In Single-Family Housing
- US Producer Prices Tumble Most Since 2009 (And It Wasn't All Energy-Related)
Stocks are modestly lower this morning -- Dow down just 34 points as I type this! Stocks hit new highs the last couple of days! Wall St is so drunk on Fed easy money that they've become delusional!