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JP Morgan's Daniel Silver said this...>

US DATA REACT
US DATA REACT: JP Morgan's Daniel Silver said this morning's Dec housing
starts/permits report was a "mixed bag" with single-family starts easing while
"permits keep rising." Silver notes "favorable dynamics for the important
single-family data, with the forward-looking permits data continuing to trend
higher over time. Single-family starts had been running stronger than permits in
November, so some decline in the data was likely inevitable at some point."

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