Tuesday: Existing Home Sales, Richmond Fed Mfg
From Matthew Graham at Mortgage News Daily: Highest Mortgage Rates in More Than a Month. Mortgage rates may have managed to remain mostly flat last...
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Stifel downgrades Southwest on risk of deal to lessen Boeing dependency
Stifel analyst Joseph DeNardi downgraded Southwest Airlines (LUV) to Hold from Buy with a price target of $60, down from $75. The stock in morning...
Lawler: Early Read on Existing Home Sales in September
From housing economist Tom Lawler: Early Read on Existing Home Sales in September. Based on publicly-available local realtor/MLS reports released across the country through today,...
Industrial Production Decreased in September
From the Fed: Industrial Production and Capacity UtilizationIndustrial production fell back 0.4 percent in September after advancing 0.8 percent in August. For the third quarter,...
Tesla alone in ‘positive sum game of growth and earnings,’ says Jefferies
Tesla when reporting Q3 results should show progress on industrial margin, Shanghai ramp-up and future products, Jefferies analyst Philippe Houchois tells investors in a pre-earnings...
Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Fastenal (FAST) downgraded to Market Perform from Strong Buy...
Houston Real Estate in September: Sales up 9.5% YoY, Inventory Up 7%
Another hot regional market in September. From the HAR: The Houston Housing Market Shows no Letup in September. Houston home sales registered the seventh positive...
BLS: CPI unchanged in September, Core CPI increased 0.1%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in September on a seasonally adjusted basis after rising 0.1 percent...
A few comments on WaPo story: “Federal government has dramatically expanded exposure to risky mortgages”
First a few excerpts from the WaPo: Federal government has dramatically expanded exposure to risky mortgages The federal government has dramatically expanded its exposure to...
Conditional probability and election odds
It’s often said that people have trouble processing information about probabilities. Election odds are a perfect example.For instance, all three of these claims are true:...