Mortgage Equity Withdrawal Positive in Q3
Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008.The...
Author : Calculated Risk
NFIB: Small Business Optimism Index increases in November
From the National Federation of Independent Business (NFIB): Small Business Optimism Soars Post ElectionThe full November index, calculated as it is every month, improved 3.5...
Duy: December FOMC Preview
A few excerpts from long post by Tim Duy at Fed Watch: December FOMC PreviewThe Federal Reserve will nudge rates 25bp higher this week. This...
Update: Prime Working-Age Population Growing Again, Near Previous Peak
The prime working age population peaked in 2007, and bottomed at the end of 2012. As of November 2016, there are still fewer people in...
Update: Framing Lumber Prices Up Year-over-year
Here is another update on framing lumber prices. Early in 2013 lumber prices came close to the housing bubble highs.The price increases in early 2013...
Hotels: Close to Record Year for Occupancy
From HotelNewsNow.com: STR: US hotel results for week ending 3 DecemberThe U.S. hotel industry reported mostly negative results in the three key performance metrics during...
Sunday Night Futures: Oil Prices up Sharply
From Bloomberg: Oil Surges as Saudis Eye Deeper Cuts While Non-OPEC Joins DealOil jumped to the highest since July 2015 after Saudi Arabia signaled it’s...
Review of FOMC Projections
The consensus is that the Fed will raise the Fed Funds Rate 25 bps following the FOMC meeting this coming week.Since the rate hike is...
Schedule for Week of Dec 11, 2016
The key economic reports this week are October Retail Sales, Housing Starts, and the Consumer Price Index (CPI).For manufacturing, October industrial production, and the November...
Merrill: FOMC Preview
A few excerpts from another FOMC preview, this once from Merrill Lynch: It is the day we have all been waiting for – the FOMC...