Newsletter – 7/15/202
Week of July 8, 2024 in Review Consumer inflation cooled in June, while wholesale inflation surprised to the upside. Plus, Fed Chair Jerome Powell acknowledged that elevated inflation isn’t the only risk to our economy. Read on for these stories and more: Consumer Inflation Cooler Than Forecasted Wholesale Inflation Heats Up Powell Testimony Shows Fed […]
Newsletter – 7/8/2024
Week of July 1, 2024 in Review There are more signs that the labor sector is softening, as job growth eased in June and the uptick in the Unemployment Rate triggered an important recession indicator. Meanwhile, home prices continue to rise nationwide. Here are last week’s headlines: Sahm-thing Happening in the Labor Sector Private Payrolls, […]
Newsletter – 7/1/2024
Week of June 24, 2024 in Review Both inflation and home sales moved lower. Meanwhile, home prices hit another all-time high. Read on for these stories and more: Inflation Cools in May New Home Sales Slip Pending Home Sales Continue Lower Home Price Gains Remain Strong First Quarter Only Slightly Higher Than Initially Reported Initial […]
Newsletter – 6/17/2024
Week of June 10, 2024 in Review The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s highlights: Fed Holds Rates Steady, Indicates One Cut in 2024 Consumer Inflation Takes Important Steps […]
Newsletter – 6/10/2024
Week of June 3, 2024 in Review Despite stronger than expected job growth in May, there are some signs that the labor market is softening. Plus, appreciating home values show the opportunity that remains in homeownership. Here are last week’s highlights: Big Discrepancy in Jobs Data Private Payrolls Show Signs of Weakness Job Openings Continue […]
Newsletter – 6/3/2024
Week of May 27, 2024 in Review Progress towards the Fed’s 2% inflation target remains stalled while signed contracts on existing homes fell in April. Meanwhile, home prices continue to hit new highs this year. Read on for these stories and more: Inflation Not Heating Up But Not Cooling Off Pending Home Sales Plunge in […]
Newsletter – 5/28/2024
Week of May 20, 2024 in Review The pace of home sales declined in April, though the speed at which existing homes sold accelerated. Plus, a parade of Fed speakers and the minutes from their last meeting shed light on their views about inflation, the labor market, rate cuts and more. Here are the headlines: […]
Newsletter – 5/20/2024
Week of May 13, 2024 in Review April brought cooler than forecasted consumer inflation, which was welcome news after the first quarter’s more persistent readings. Meanwhile, confidence among home builders declined and new construction activity was softer than expected. Read on for these stories and more: Friendly Consumer Inflation Number Revisions the Real Story on […]
Newsletter – 5/13/2024
Week of May 6, 2024 in Review Strong home price appreciation demonstrates the opportunity that remains in the housing market, while unemployment claims saw a breakout. Plus, what might be ahead for consumer spending? Here are the headlines: Opportunity in Housing Remains Strong Initial Jobless Claims Hit 9-Month High Is Consumer Spending Headed for a […]
Newsletter – 5/6/2024
Week of April 29, 2024 in Review The Fed once again held rates steady, labor sector data showed signs of softening, and there’s more evidence of rising home values across the country. Read on for these stories and more: Fed Shuts Down Rate Hike Chatter Jobs Report Shows Softening Private Payrolls Beat Estimates Job Openings […]