From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in June in 42 states, higher…
Continue ReadingQ2 GDP Forecasts: Probably Around 35% Annual Rate Decline
Important: GDP is reported at a seasonally adjusted annual rate (SAAR). So a 35% Q2 decline is around 10% decline…
Continue ReadingBlack Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decline, Lowest Since May
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. From…
Continue ReadingThe Most Vulnerable Cities
The economy has been turned upside down and shaken like a snow globe. Certain industry groups like leisure and hospitality…
Continue ReadingHousing Starts increased to 1.186 Million Annual Rate in June
From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately-owned housing starts in June were at a seasonally adjusted annual…
Continue ReadingFriday: Housing Starts
Friday:• At 8:30 AM ET, Housing Starts for June. The consensus is for 1.180 million SAAR, up from 0.974 million…
Continue ReadingWealthWise Women: Mapping These Volatile Markets
In this week’s edition of WealthWise Women, Mary Ellen and Erin take a road trip through the markets and share ways…
Continue ReadingJuly 16 COVID-19 Test Results, Record Positive Tests
The US is now conducting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingOverbought Names Begin Potential Topping Process
I wrote this article for last Saturday’s ChartWatchers newsletter, focusing on the overbought conditions rampant in mega cap technology and…
Continue ReadingThis Thing Has 70% Upside Potential…
I got triggered to watch the chart printed above when I was scrolling through the pre-defined RRG groups. This is…
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