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Progress In Debt Ceiling Talks Lifts Stock Prices
Stock prices are up this morning on news that both the Democrats and the Republicans want to get a deal…
Housing Market
21 posts
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The Economic Week Ahead: May 15-19
The week ahead is jampacked with coincident and leading economic indicators. The most up-to-the-minute ones will be May 12 mortgage…
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The Economic Week Ahead: March 20-24
The FOMC always seems to take center stage in the financial markets these days, and will certainly do so on…
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More Soft Landing Stats
No boom, no bust. That describes yesterday's flash estimates for February's M-PMI and NM-PMI released by S&P Global. They…
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Rent Inflation Is Moderating
The CPI's rent of primary residence is showing no signs of peaking, rising to 8.6% y/y during January…
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Copper, Mortgages, GDP, Breadth & Sentiment
Yesterday, the World Bank slashed its 2023 global economic growth rate outlook to 1.7% from its earlier projection of…
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Is Santa Making A Comeback?
Stock prices rebounded solidly from yesterday's selloff. Better-than-expected news from Nike and FedEx helped reduce fears of a hard landing…
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The Economic Week Ahead, Nov. 28-Dec. 2
We hope you had a chance to relax with your family and friends and to recharge your batteries during the…
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Housing: Multi-Family Boom vs Single-Family Bust
Single-family housing activity is falling into a recession. Single-family housing starts fell 29.5% ytd through October. Housing downturns have…
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What Is The Stock Market Discounting Today?
The stock market is ripping this morning despite disappointing earnings reported by some of the S&P 500's MegaCaps this…
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The Housing Recession Deepens
Fed officials have described the housing downturn as a "correction." For example, in an October 6 speech, Fed Governor Christopher…
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The Economic Week Ahead, Oct. 17-21
Investors will focus on this week's batch of Q3 earnings reports and forward earnings guidance from Corporate America. They'll also…
