Further deterioration in small business confidence
The National Federation of Independent Businesses (NFIB) released the small business optimism index this morning and it showed businesses continued to be less confident in January.
Read MoreEconomic
Tony will review key economic indicators as they are released to determine the health and trend of the domestic and global economy. With so much data each trading day, he will point you in the direction of the most important economic releases, and how they may impact your portfolio.
The Economic week ahead, February 11th
Following an abnormally quiet week of economic data that saw the S&P remain essentially flat, this week will feature a slew of economic data as we begin to catch…
Read MoreAnother strong payroll report- 304k jobs added
The Labor Department reported that nonfarm payrolls (NFP) rose by 304k in January, much better than the consensus estimate of 165k. Despite a large revision to the December data, to…
Read MoreNew home sales surged in November
After being delayed for weeks, data on new home sales was finally released this morning.
Read MoreThe economic week ahead, January 28th
While Monday and Tuesday will not feature any major economic data releases, this week will close with a slew of significant data as well as many key earnings reports.…
Read MoreLeading Index turns negative in December
The U.S. Leading Economic Index (LEI) from the Conference Board turned negative for the second month in 2018.
Read MoreInitial Jobless Claims break below the 200k level for the first time in almost 50 years
Those filing Initial jobless claims in the prior week fell to a historic low of 199k.
Read MoreHome prices rise in November, slightly beating estimate
After the dismal Existing Home Sales report yesterday, today, the Federal Housing Finance Agency (FHFA) released their House Price Index, which was slightly better than estimates. For November, the HPI…
Read MoreExisting Home Sales drop to 3-year low
While the New Home Sales and Housing Starts data remain on hold due to the government shutdown, Existing Home Sales data from the National Association of Realtors is one of…
Read MoreGovernment shutdown and tariff threats taking a toll on consumer confidence
The University of Michigan Consumer Sentiment Survey was released at 10am and all three components of sentiment took a hit in January, dropping to the lowest levels since October/November 2016.
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