A big economic week ahead
What matters? Friday looks like a really big day, with the release of key manufacturing and payroll data. (Estimates are consensus as published by Bloomberg unless otherwise indicated)
Read MoreManufacturing activity survey rises to a new record
Manufacturing activity continued to expand at a rapid pace in the western states.
Read MoreHome prices rise in March but miss estimate
The FHFA House Price Index rose by a meager 0.1% in March, missing the 0.6% consensus estimate.
Read MoreNew Home Sales below expectations
Data this morning from the U.S. Census Bureau showed U.S. New Home Sales rose 662k in April, below the estimate of 677k and a revised reading of 672k in March
Read MoreNew Home Sales below expectations
Data this morning from the U.S. Census Bureau showed U.S. New Home Sales rose 662k in April, below the estimate of 677k and a revised reading of 672k in March
Read MoreThe Econ Week Ahead, Week of May 21st
Heading into Memorial Day Weekend, there are many key economic data points and a number of Federal Reserve speeches, including Chairman Powell. Here is a look at all of the…
Read MoreThe 3% level isn’t as important as the environment
Higher rates matter when associated with perception of credit event. Now that the 10-year U.S. Treasury (UST) yield moved through 3%, investors keep looking for theabsolute level of the 10-year…
Read MoreUptick in those filing Initial Jobless claims but Continuing Claims drop to a new low
This week’s report showed Initial jobless claims increased to 222k from 211k in the prior week and a bit higher than the Bloomberg consensus estimate of 215k.
Read MoreContinued strength in Industrial activity
Industrial Production rose 0.7% for the month of April, slightly beating consensus expectations which called for an increase of 0.6%.
Read MoreRetail Sales reinforces economy in good shape
Today’s key economic release and the smoothed out version, suggests the solid economic backdrop created by pro-business policy and tax cuts continues
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