These indicators are mostly for travel and entertainment – some of the sectors that will recover very slowly. —– Airlines:…
Continue ReadingNY Fed: Manufacturing “Business activity edged slightly higher in New York State” in August
From the NY Fed: Empire State Manufacturing Survey Business activity edged slightly higher in New York State, according to firms…
Continue ReadingNAHB: Builder Confidence Increased to 78 in August, Ties Record High
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 78, up from 72 in…
Continue ReadingMonday: Empire State Mfg, Homebuilder Survey
Weekend:• Schedule for Week of August 16, 2020 Monday:• At 8:30 AM ET, The New York Fed Empire State manufacturing…
Continue ReadingWe’re Not So Different, You And I
“Finding Bigfoot might be easier than finding a house to purchase on Long Island this summer.” This was the lede…
Continue ReadingAugust 16 COVID-19 Test Results
The US is now mostly reporting over 700,000 tests per day. Based on the experience of other countries, the percent…
Continue ReadingDid You Know This About XRT and TLT?
As the S&P 500 struggles to rise a fraction of a percentage point to be able to achieve the status…
Continue ReadingFertilizer Names Look Fertile
The companies that help us with grains and cereal crops more than livestock crops have shown some life recently and…
Continue ReadingEarlier Fed Survey: Banks reported Tighter Standards, Weaker Demand for Loans except Residential Real Estate
This was released in early August, and is worth a note. From the Federal Reserve: The July 2020 Senior Loan…
Continue ReadingCoronavirus relief package: Benefits you get if Congress reaches a deal
After talks failed last week, negotiators were at a stalemate on the next economic relief package on Thursday again. The…
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