Sunday, June 25, 2017

Goldman on the Next Recession

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A few brief excerpts from a note by Goldman Sachs economists: The Next Recession: Lessons from History With the current expansion already ...
Saturday, June 24, 2017

Schedule for Week of June 25, 2017

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The key economic reports this week are Personal Income and Outlays for May, Case-Shiller house prices, and the third estimate of Q1 GDP. ...
Friday, June 23, 2017

Oil Rigs: "Not dead yet!"

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A few comments from Steven Kopits of Princeton Energy Advisors LLC on June 23, 2017: • Total US oil rigs were up 11 to 756 • Horizontal ...

A few Comments on May New Home Sales

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New home sales for May were reported at 610,000 on a seasonally adjusted annual rate basis (SAAR). This was above the consensus forecast, a...

New Home Sales increase to 610,000 Annual Rate in May

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The Census Bureau reports New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 610 thousand. The previous three mont...
Thursday, June 22, 2017

Friday: New Home Sales

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Sideways to Slightly Lower Mortgage rates have been so little-changed in recent...

U.S. Demographics: The Millennials Take Over

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From the Census Bureau The Nation’s Older Population Is Still Growing, Census Bureau Reports New detailed estimates show the nation’s medi...

Kansas City Fed: Regional Manufacturing Activity "Expanded Further" in June

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From the Kansas City Fed: Tenth District Manufacturing Activity Expanded Further The Federal Reserve Bank of Kansas City released the June...

Black Knight: Mortgage Delinquencies Decreased in May, Foreclosures at 10-Year Lows

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From Black Knight: Prepayments (historically a good indicator of refinance activity) jumped 23 percent month-over-month, reaching their high...

Weekly Initial Unemployment Claims increase to 241,000

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The DOL reported : In the week ending June 17, the advance figure for seasonally adjusted initial claims was 241,000, an increase of 3,000...