Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the…
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Hotels: Occupancy Rate Down 1.5% Compared to Same Week in 2019
Note: The occupancy rate will increase next week due to Hurricane Ian. From CoStar: STR: US Weekly Hotel Occupancy Reaches…
Continue ReadingInflation Adjusted House Prices Declined Further in July
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices Declined Further in July Excerpt: It has been…
Continue ReadingWeekly Initial Unemployment Claims decrease to 193,000
The DOL reported: In the week ending September 24, the advance figure for seasonally adjusted initial claims was 193,000, a…
Continue ReadingQ2 GDP Growth Unrevised at minus 0.6% Annual Rate
From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2022 and Annual…
Continue ReadingThursday: Unemployment Claims, GDP
Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for an increase…
Continue ReadingNYSE and SPX New Lows Confirm Price Bottom
As we saw a positive divergence materialize on the $SPX with New Lows, we thought it a good time to…
Continue ReadingMish’s Daily: Mid-September Column Highlights
As we prepare to move into October, I wanted to take a moment to highlight some of my recent daily…
Continue ReadingYou Better Know Your Nuances
On this week’s edition of Trading Simplified, given the nature of the markets, Dave thought it would be a good time…
Continue ReadingNAR: Pending Home Sales Decreased 2.0% in August
From the NAR: Pending Home Sales Dropped 2.0% in August Pending home sales sagged for the third straight month in…
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