by Bill McBride on 3/19/2017 07:35:00 PM
Sunday, March 19, 2017
• Schedule for Week of Mar 19, 2017
• Existing Home Sales: Take the Under
• Goldman on Fed Balance Sheet Runoff
From CNBC: Pre-Market Data and Bloomberg futures: S&P futures and DOW futures are down slightly (fair value).
Oil prices were up over the last week with WTI futures at $48.68 per barrel and Brent at $51.74 per barrel. A year ago, WTI was at $40, and Brent was at $40 - so oil prices are up about 25% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.29 per gallon - a year ago prices were at $2.00 per gallon - so gasoline prices are up about 30 cents a gallon year-over-year.