This morning, housing starts data showed a surprisingly good surge in "starts":
Nevertheless, this supposed good news brought this reaction from Wall St, where everything seems twisted to be the opposite of what one would expect in recent years:
Clearly, this "good news" is seen as bad news on Wall St!
Update: This perspective this morning from Zero Hedge:
"As can be seen on the chart below, the last time single-family housing starts in the Northeast soared as much as they did in was in June 2008, just before the financial system nearly collapsed."
Here is the accompanying chart: