Sunday, December 27, 2020

Sunday Night Futures

by Calculated Risk on 12/27/2020 09:24:00 PM

Weekend:
Schedule for Week of December 27, 2020

Ten Economic Questions for 2021

Question #10 for 2021: How much damage did the pandemic do to certain sectors?

Monday:
• At 10:30 AM ET, Dallas Fed Survey of Manufacturing Activity for December. This is the last of regional manufacturing surveys for December.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 8 and DOW futures are up 55 (fair value).

Oil prices were down over the last week with WTI futures at $47.73 per barrel and Brent at $50.72 barrel. A year ago, WTI was at $62, and Brent was at $69 - so WTI oil prices are down over 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.25 per gallon. A year ago prices were at $2.57 per gallon, so gasoline prices are down $0.32 per gallon year-over-year.