This Is Not Your Grandma's Business Cycle

Presented with little comment aside to ask - in all frankness - does this look like a 'recovering' economy five years after a central bank unleashes its extreme monetary policy?


#1 - Are builders really as bullish as NAHB Sentiment suggests?


#2 - As Mortgage Applications plunge to 13-Year lows...



Just what happens if interest rates ever rise?


Charts: Bloomberg h/t Brad Wisack