As of Tuesday, the CME’s FedWatch Tool gave a 67% chance of a 50 basis-point rate cut—way up from the…
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NAHB: Builder Confidence Increased in September
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 41, up from 39 last…
Continue ReadingRetail Sales Increased 0.1% in August
On a monthly basis, retail sales increased 0.1% from July to August (seasonally adjusted), and sales were up 2.1 percent…
Continue ReadingIndustrial Production Increased 0.8% in August
From the Fed: Industrial Production and Capacity Utilization In August, industrial production rose 0.8 percent after falling 0.9 percent in…
Continue ReadingPart 2: Current State of the Housing Market; Overview for mid-September 2024
Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-September 2024…
Continue ReadingDP Trading Room: Tracking Gold Sentiment
As part of Carl’s review of Gold charts, he explained how we use the close-ended fund, Sprott Physical Gold Trust…
Continue ReadingUpdate: The Art of the Soft Landing
Back in June, I wrote: The Art of the Soft Landing A few excerpts and an updated graph … The…
Continue ReadingEquity Markets Rebound As Discretionary Out-Performs
Good morning and welcome to this week’s Flight Path. Equities saw the “Go” trend return after a triplet of uncertain…
Continue ReadingHousing Sept 16th Weekly Update: Inventory up 1.4% Week-over-week, Up 37.4% Year-over-year
Altos reports that active single-family inventory was up 1.4% week-over-week. Inventory is now up 44.5% from the February seasonal bottom. Click…
Continue ReadingCan We Trust Last Week’s BIG Rally?
That’s a great question, because we saw some very nice gains and we’re now approaching all-time highs, especially on the…
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