Stories I recommend today
Pending Home Sales
Today’s fundamentals: Nov pending home sales, and Christmas week chain store sales.
Today’s fundamentals: pending home sales, plus lots more: mortgage applications, Chicago PMI, personal income/spending, ADP jobs report
Roundup today’s U.S. economic fundamentals. Rates within .125% of record lows.
GDP as high as 3.8% tomorrow?
Jobs Initial Jobless Claims (week ended 9/22/2012) – Initial Claims 359,000. Previous revised up to 385,000 – 4-week Moving Average 374,000. Previous was 378,500. This would be good news except for the following. GDP (2ndQ2012) – 2ndQ2012 GDP was revised downward from +1.7% to +1.3%. There are two distinct issues: 1) what is happening
Today’s rate briefing and a rundown of pending home sales, jobless claims, durable goods orders.
Today’s data recap.
Will record lows go lower still?
Charts and comments on March pending home sales and this week’s jobless claims.