FOMC Preview
Expectations are there will be no change to rate policy when the FOMC meets on Tuesday and Wednesday this week.Here are some comments from Goldman...
Category : Editor’s Picks
Hotels: Occupancy Rate Declined 31.8% Year-over-year
From CoStar: US Hotel Occupancy Exceeds 40% During Week of Jan. 16U.S. weekly hotel occupancy climbed back to the 40% mark, according to STR‘s latest...
Bad intentions are not enough
Do we judge a president on what they try to do, or the results? In 2019, Trumpistas sidestepped the bad intentions with claims that “results...
MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 5.37%”
Note: This is as of January 10th.From the MBA: Share of Mortgage Loans in Forbearance Decreases to 5.37%The Mortgage Bankers Association’s (MBA) latest Forbearance and...
This post is not about China
China reports its RGDP growth rates in several ways. There is quarterly data, which is reported in “year-over-year” terms. In contrast, the US reports quarterly...
Update: The Inland Empire
Way back in 2006 I disagreed with some analysts on the outlook for the Inland Empire in California. I wrote: As the housing bubble unwinds,...
Fly Intel: What to watch in first round of big bank earnings reports
JPMorgan (JPM), Citigroup (C) and Wells Fargo (WFC) are scheduled to announce quarterly results before the open on January 15. What to watch for: 1....
January 13 COVID-19 Test Results; Record 7-Day Deaths
Note: It is possible the 7-day average cases is nearing a peak. I'm looking forward to not posting this data in a few months. The...
January 12 COVID-19 Test Results; Record 7-Day Deaths
Note: It is possible the 7-day average cases is nearing a peak. I'm looking forward to not posting this data in a few months. The...
U.S. Stocks Pull Back from Record Levels
Stocks fell on Monday as investors assessed equity valuations and the outlook for more COVID-19 relief stimulus, along with ongoing political turmoil. The Dow Jones...