Tuesday, November 28, 2017

Wednesday: GDP, Pending Home Sales, Fed Chair Yellen

by Bill McBride on 11/28/2017 08:01:00 PM

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:30 AM, Gross Domestic Product, 3rd quarter 2017 (Second estimate). The consensus is that real GDP increased 3.3% annualized in Q3, up from 3.0% in the advance report.

• At 10:00 AM, Testimony, Fed Chair Janet Yellen, Economic Outlook, Joint Economic Committee, U.S. Congress

• Also at 10:00 AM, Pending Home Sales Index for October. The consensus is for a 1.0% increase in the index.