Calculated Risk
Finance and Economics
Tuesday, December 13, 2016
Las Vegas: On Pace for Record Visitor Traffic and Convention Attendance in 2016
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Another update ... during the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: ...
Mortgage Equity Withdrawal Positive in Q3
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Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008. ...
NFIB: Small Business Optimism Index increases in November
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From the National Federation of Independent Business (NFIB): Small Business Optimism Soars Post Election The full November index, calculat...
Monday, December 12, 2016
Duy: December FOMC Preview
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A few excerpts from long post by Tim Duy at Fed Watch: December FOMC Preview The Federal Reserve will nudge rates 25bp higher this week. T...
Update: Prime Working-Age Population Growing Again, Near Previous Peak
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The prime working age population peaked in 2007, and bottomed at the end of 2012. As of November 2016, there are still fewer people in the 2...
Update: Framing Lumber Prices Up Year-over-year
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Here is another update on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs. The price increases ...
Hotels: Close to Record Year for Occupancy
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From HotelNewsNow.com: STR: US hotel results for week ending 3 December The U.S. hotel industry reported mostly negative results in the th...
Sunday, December 11, 2016
Sunday Night Futures: Oil Prices up Sharply
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From Bloomberg: Oil Surges as Saudis Eye Deeper Cuts While Non-OPEC Joins Deal Oil jumped to the highest since July 2015 after Saudi Arabi...
Review of FOMC Projections
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The consensus is that the Fed will raise the Fed Funds Rate 25 bps following the FOMC meeting this coming week. Since the rate hike is exp...
Saturday, December 10, 2016
Schedule for Week of Dec 11, 2016
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The key economic reports this week are October Retail Sales, Housing Starts, and the Consumer Price Index (CPI). For manufacturing, Octobe...
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